DFS Furniture 'observes a more positive trend' since September as it increases market share

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Earlier in the year, DFS had warned that the upholstery market had “softened markedly” as the cost-of-living crisis weighed on customers.

DFS said its overall performance is in line with its mid case scenario, of around £36m profit before tax, for the full year.

The statement issued to investors added: “While the macroeconomic outlook is uncertain and inflationary pressures remain high, we remain focused on executing our strategy to lead furniture retailing in the digital age. Tim Stacey, the chief executive, commented:"We are pleased to report that since mid September we have seen positive year-on-year order volume growth.

 

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