DFS ‘cautious’ about its full year outlook as it warns of risk to consumer confidence and lead times

Doncaster-based DFS Furniture has reported an underlying sales growth of 10% over the last five months but remains 'cautious' about the full year outlook.

The retailer of living room and upholstered furniture, which acquired Sofology for £25m in 2017,  today announced a trading update for the five month trading period to 30 December 2018.

On an underlying basis, adjusted to include the acquisition of Sofology on a pro forma basis, the firm said gross sales grew by 10%. It reported gross sales growt... For the full story register now for free or login below...