Kingfisher reaffirms guidance after ‘resilient’ Q1

Home improvement giant Kingfisher (LON:KGF) rallied after hailing a ‘resilient’ start to FY27 and reaffirming guidance. The B&Q-to-Screwfix owner’s Q1 like-for-like sales softened 0.7% as a late start to spring impacted footfall. However, that proved better than the 0.9% decline expected by consensus. And Kingfisher also reported a third quarter of sequential sales improvement at … Continue reading Kingfisher reaffirms guidance after ‘resilient’ Q1