Profits at DFS have halved as weak consumer confidence and the summer heatwave frazzled the furniture retailer’s performance.
The company’s pre-tax profits plunged 49pc to £25.8m for the year to July 28, as it grappled with an “exceptional downturn” during the fourth quarter.
Shares in DFS fell more than 3pc to 201.5p in lunchtime trading.
DFS blames summer heatwave for frying demand
Not the sofas, nooooooo - my 1/04/19 delivery is in danger!
The company’s pre-tax profits plunged 49pc to £25.8m for the year to July 28, as it grappled with an “exceptional downturn” during the fourth quarter.
Shares in DFS fell more than 3pc to 201.5p in lunchtime trading.
DFS blames summer heatwave for frying demand
Not the sofas, nooooooo - my 1/04/19 delivery is in danger!
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