DFS defies wet weather to double profit Retail Furniture retailer DFS almost doubled its half-year profit despite recording lower shop footfall as wet weather dampens sales across retail. The London-listed company recorded a £30m profit in the first half of this year, almost double the £16m recorded the year prior, as revenue grew by nine per cent to £548m. The wet weather has [...]
Sofas and season tickets: Inside the world of retail finance Banking Retailing financing is on the up and as big banks steer away from the market, specialist lenders are cashing in. Fresh research from the finance and leasing association (FLA) showed consumer finance grew by 13 per cent in March 2025, compared to the year prior. The first quarter of 2025 saw a six per cent [...]
Profits at DFS shoot up as retailer grabs market share Retail DFS has swung back to profit as demand for home furniture has recovered. Share in the sofa retailer rose more than 13 per cent in early trades. The company told markets this morning that underlying profit before tax nearly doubled to £17m in the 26 weeks to December 29, up from £8.7m last year. Last [...]
Pillow fight: Sofa-seller DFS reviews pay policy after bloody nose from shareholders April 9, 2024 Sofa-seller DFS is reviewing the pay policy of its top executives after shareholders mounted a revolt at its annual general meeting.
DFS issues Red Sea delivery delays warning as furniture giant slashes expectations March 19, 2024 DFS has warned that the ongoing chaos in the Rea Sea could continue to impact its balance sheet as it revealed a reduced financial performance.
Profits rise at DFS-owned Sofology as it opens new stores February 8, 2024 Profits at Sofology increased during its latest financial year as it opened more stores across the UK.
