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UK's Dunelm rises on upbeat annual profit forecast



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** Shares in Dunelm DNLM.L up 5.6% at 1,168p, highest since Aug. 18, 2023

** Stock top gainer on the FTSE Mid 250 Index .FTMC

** British homeware retailer expects annual profit to be slightly higher than market consensus

** Says annual gross margin seen to be about 170 bps higher than prior year on the back of lower freight rates

** Analysts expect 200 mln pounds ($260.14 mln) in annual pretax profit

** Up to last close, stock had risen 4% this year



Reporting by Prerna Bedi in Bengaluru

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