//
The department store chain said like-for-like sales for the 26 weeks to February 27th were up 0.3 per cent, while its market share in childrenswear, menswear and home goods also grew.
And as a result, it has predicted profit for the period will be up when it announces its results on April 13th.
Profit before tax and earnings before interest, taxes, depreciation and amortisation will increase "as a result of higher sales and gross margin", it said in a trading update.
However, the news caused shares in Debenhams to dip in morning stock market trading today (March 17th) and its shares were 0.92 per cent lower at 70.35p by 08:42 GMT.
Chief executive Rob Templeman stated the firm has "delivered profit growth on a consistent basis for the past 18 months" and added he is "pleased" with its performance during the last half-year.
Posted by Greg Secker
