Upholstered furniture retailer DFS has reported a positive start to FY26, highlighting order intake growth and improved financial performance despite a subdued upholstery market. In its trading update for the 19 weeks ended 9 November 2025, the company attributed progress to "scale and vertical integration, utilising data and harnessing our unique culture," which strengthened its market position.
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DFS noted growth across both its retail brands, DFS and Sofology, outperforming the wider market. Improvements in gross margin, cost control, and self-help initiatives were also cited as key factors in mitigating inflationary pressures.
Chief Executive Tim Stacey stated, "By continuing to execute our strategy we have made a strong start to the year… our customer proposition is in great shape and our medium-term outlook remains positive." The company anticipates strong year-on-year profit growth in the first half of FY26 and remains confident in the Group's prospects while navigating short-term macroeconomic uncertainty.
DFS's update underscores its focus on operational efficiency, strategic execution, and delivering consistent returns despite challenging market conditions.
Source: www.bigfurnituregroup.com
