Dunelm Shares Fall Amid Hot Weather and Cost-Cutting Plans
UKPulse Money Desk
Dunelm's shares have fallen following an announcement of plans to cut £100 million in costs. The company's new boss attributed the sales impact to recent heatwaves.
- Dunelm shares tumbled.
- The company plans to cut £100 million in costs.
- Hot weather reportedly deterred shoppers from spending on their homes.
Shares in Dunelm have fallen after the company's new boss announced plans to cut £100 million in costs. The executive stated that recent heatwaves had deterred shoppers from purchasing items for their homes, impacting sales.
The boss also admitted that the company should have stocked air conditioning units and fans.