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DFS warns of “significant declines” in footfall and orders

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In a trading update this morning sofa retailer DFS has warned investors that “significant declines” in footfall and orders will hit its full year results. The retailer revealed that from April to June, dwindling footfall and customer orders attributed to the uncertain economic environment have led to a four per cent drop in sales, adding this was “weaker than expected.” DFS had previously warned investors in June that operating profits would come at the lower end of market expectations in the range of £82 million to £87 million

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DFS warns of “significant declines” in footfall and orders

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