DFS Issues Profit Warning Amid Red Sea Shipping Disruptions

Shipping delays and increased freight costs due to Houthi rebel attacks impact DFS's financial outlook.

DFS Furniture delays £12m-£14m worth of deliveries to next financial year.
Attacks by Houthi rebels force ships to detour around Africa, increasing costs.
Weak consumer demand in the upholstery sector adds to DFS's challenges.
DFS revises annual revenue forecast to £995m-£1bn, down from earlier estimates.
Company sees potential for market recovery with lower inflation and interest rates.