Dunelm (#DNLM) – August (to 29th) year over year sales +24%, after July +59%
- 2020-09-01 07:32:04
Remember when I quoted John Paul Getty's famous dictum that the only way to get rich...is to sell too soon? Well given I populate a much, much, much lower wealth zone than the great man, clearly my timing skills are hugely inferior. I quoted Getty in relation to my decision to sell my position in Dunelm (DNLM). It was a smart trade but it could have been a lot better if I had carried on holding to today…
It is not new news that the retail backdrop is challenging but the last time I mentioned homewares and related company Dunelm (DNLM) I confirmed that despite my continued inability to buy anything from one of its emporiums, I was loving the shares up.
Lots of updates out there in the troubled retail space. Troubled for all the reasons we see, know and read about...but, of course, not completely uninteresting. So time - in the words of the greatest value investor out there - to ‘get greedy whilst others are fearful’?
Hello, Share Magnates. As I become ever more worried about the prospects of High Street chains, I need to express concerns about Dunelm (DNLM), the household goods purveyor. For one thing, it gave a warning on May 25 that trading conditions were worse than it had expected.









