DFS has reported a strong order intake for the 26 weeks to 26 December 2021 and says its post-Christmas trading has been positive to date. Gross sales, it says, were up by ten per cent compared with the same half in FY19.
The retailer stated that Covid-related absences, supplier manufacturing capacity and logistics performance had all impacted the furniture and wider retail sector, particularly in the first quarter. Despite this, it has seen a strong increase in deliveries across the second quarter with overall gross sales 23 per cent higher in Q2 than in Q1.
CEO Tim Stacey said: “While the market remains hard to predict, we believe our scale, brand strength and integrated retail strategy will allow us to drive market share gains ahead of the competition. Looking ahead we will continue to invest in our digital platforms and our showrooms, our delivery network, our UK manufacturing capacity, and with expansion into other home categories, we are well-positioned to succeed.”