STOCKS NEWS EUROPE-Dunelm rises on higher sales

Shares in homeware retailer Dunelm Group Plc rise as much as 6.68 percent to touch a new lifetime high after the company reports a growth in its first quarter sales.

The company, which sells bedding, curtains, kitchenware and lighting at its Dunelm Mills stores, said total sales grew 13.8 percent for the 13 weeks ended Sept. 29.

"First quarter like-for-like sales up 3 percent, a solid performance in a volatile quarter, outperforming a weak underlying market," says Peel Hunt analyst John Stevenson in a note.

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