All the updated news related to dfs

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City

DFS predicts profit improvement over year ahead despite pressure on sales

Sofa chain DFS Furniture has revealed falling full-year sales as trading conditions proved “significantly worse than expected”, but said cost-cutting actions are helping to limit the hit to profits. The group reported a 4% drop in gross sales for ...

17 Jul 2023 at 10:52

City

DFS sees profits knocked after £21m supply chain hit

Sofa chain DFS posted a drop in half-year sales and profits as it revealed a hit of around £21 million from supply chain difficulties and warned of ongoing disruption. The retailer reported pre-tax profits tumbling 70% to £21.6 million in the ...

15 Mar 2022 at 10:25

Scotland

Connect Music Festival set to be relaunched after 14-year hiatus

T in the Park and TRNSMT organisers have announced their newest festival will be held in Edinburgh. The Connect Music Festival will be held at the Royal Highland Centre, on the outskirts of the capital, with organisers DF Concerts and Events ...

21 Feb 2022 at 19:25

City

Sofa seller DFS sticks to profit guidance despite sector slowdown

Sofa seller DFS Furniture said it has largely weathered a downturn in demand caused by hot conditions in the autumn. Bosses said on Friday that by reducing the business’s costs they would likely manage to ensure that a hit to the company’s ...

19 Jan 2024 at 09:20

City

DFS downgrades profit outlook in tricky market

Furniture seller DFS has downgraded its expectations for the year, blaming a weak market it said it has managed to navigate well. The business said it now expects to make between £30-35 million in pre-tax profit before brand amortisation. ...

16 Mar 2023 at 11:17

City

DFS lifts profit outlook after reeling in more orders and launching winter sale

Sofa chain DFS Furniture has lifted its profit outlook after reporting sales growth and launching its important winter promotions. The furniture business, which is listed in London, said it was “utilising data” to help drive more orders ...

20 Jan 2026 at 08:10

City

DFS falls to loss in face of Red Sea shipping delays and high interest rates

Furniture retailer DFS has tumbled to a loss for the past year after it was hit by Red Sea shipping delays and higher interest rates. The sofa specialist said sales were significantly down year-on-year due to “exceptionally low market ...

25 Sept 2024 at 09:00

City

DFS profits rise but warns of rising costs post-Budget and weaker sofa demand

DFS has reported rising profits, but warned of an increase in costs due to the Budget and said demand for its sofas is set to be sluggish going into 2025. The furniture group said profit for the six months ending December 29 is ...

17 Jan 2025 at 07:51

City

DFS boss says firm could benefit from a US-China trade war

The boss of furniture giant DFS has said the firm could get a boost from the trade war between the US and China if the escalating tensions over tariffs help drive down supply costs. Chief executive Tim Stacey said the firm ...

13 Mar 2025 at 13:28

City

Profits slide at DFS as demand wanes in ‘tough’ economic climate

Furniture retailer DFS saw its profits cut by almost half over the past year in the face of “very weak” demand. However, the London-listed firm saw shares make gains in early trading on Thursday after bosses said they are ...

21 Sept 2023 at 10:17

City

DFS shrugs off weak market and rising costs to bounce back to profit

Sofa retailer DFS Furniture has returned to profit despite a “weak market environment” and soaring wage costs. The group swung to a pre-tax profit of £32.9 million for the year to June 29 from a loss of £1.7 million the ...

25 Sept 2025 at 13:39

City

DFS investors pinning hopes on upholstery recovery after profit warnings

Investors will be hoping to hear some reassurance from furniture giant DFS after the chain warned its profits are being squeezed by shipping delays and record low levels of demand among sofa-buyers. The London-listed ...

20 Sept 2024 at 15:03

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