13th Nov 2026 11:20
DFS Furniture PLC - Doncaster, England-based sofa retailer under DFS and Sofology brands - Warns annual general meeting on Friday that full-year profit expectations face a wide range of potential outcomes, as demand for upholstered furniture weakens further amid pressure on UK household budgets and fragile consumer confidence. DFS says market demand has softened further in the seven weeks since its financial 2026 results in September. At that time, DFS had reported that order intake had fallen 2.5% year-on-year in the first 12 weeks of financial 2027. However, the DFS and Sofology brands continue to outperform the wider sector, according to banking data cited by DFS.
DFS is introducing targeted commercial initiatives ahead of Black Friday and its own inter sale event, it says, while maintaining tight cost controls. "As we enter the important upcoming trading periods, we are focused on what we can control; taking proactive commercial actions to drive cash margins while maintaining tight control of our costs," says Chief Executive Tim Stacey.
DFS will provide a further trading update on January 21.
Current stock price: 128.69 pence, down 4.0% in London on Friday morning
12-month change: down 19%
By Tom Waite, Alliance News editor
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