Kingfisher boosts FY27 profit guidance despite ‘mixed’ consumer backdrop

Home improvement retailer Kingfisher (LON:KGF) rallied after the B&Q-to-Screwfix owner raised FY27 profit and free cash flow guidance in the face of a tough consumer backdrop. The upgrade followed a solid H1 performance from the FTSE 100 retailer, which highlighted market share gains at Screwfix, Castorama Poland and in Spain. Over in France, the Castorama … Continue reading Kingfisher boosts FY27 profit guidance despite ‘mixed’ consumer backdrop