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Markets News

Dunelm expects to resume dividend next year

Sept 10 (Reuters) - British home furnishing retailer Dunelm said it has outperformed expectations so far this year and expects to pay an interim dividend next year provided it faces no further hits from the COVID-19 pandemic.

The company, which sells furnishings ranging from cushions and bedding to kitchen equipment, said on Thursday pretax profit fell 13.3% to 109.1 million pounds ($142.04 million) for the year ended June 27, hurt by lockdown-led store closures.

$1 = 0.7681 pounds Reporting by Tanishaa Nadkar in Bengaluru; Editing by Devika Syamnath

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