High Street
DFS lowers guidance and warns on Red Sea Crisis
However, the retailer saw its revenue drop 7.2% in the period from £544.5m last year down to £505.1m this year
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/12/DFS-store-front-2--895x540.jpeg?lossy=1&strip=1&webp=1)
DFS has revealed that it has lowered its full year profit guidance to between £20-£25m after market demands weakened in January and February
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