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Candle seller Dusk’s profits to more than triple

Sue Mitchell
Sue MitchellColumnist

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Homewares retailer Dusk expects underlying full-year earnings to rise more than threefold following a surge in demand for scented candles and diffusers from consumers spending more time at home.

In a trading update on Friday, Dusk, which floated in November after raising $70 million, said it expected underlying earnings before interest and tax between $38 million and $40 million for the year ending June, compared with $11.9 million in 2020.

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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com

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    Original URL: https://www.afr.com/companies/retail/candle-seller-dusk-s-profits-to-more-than-triple-20210416-p57jqs