Kingfisher trading statement expected to disappoint
After B&Q and Screwfix owner Kingfisher PLC (LSE:KGF) put together stronger first-half results than expected back in September, Deutsche Bank reckons next week's third-quarter update might disappoint. The bank said the interim numbers two months ago benefited from a "robust improvement" in core sales over the period, with full-year guidance for profit before tax set at the "upper end" of the earlier £480-540 million range.
Is DIY giant Kingfisher ready to hammer its critics?
Kingfisher PLC (LSE:KGF), the home improvement retailer that owns B&Q, has been marked down despite a string of structural advantages that should keep profits climbing. RBC Capital Markets reckons the shares, now 296p, are attractively priced and maintains its outperform rating with a 350p target.
M&S, Sainsbury's, Kingfisher and Frasers climb on report of business rates break
Shares in UK grocers, including Marks and Spencer Group PLC (LSE:MKS) and Tesco PLC (LSE:TSCO), were among the big risers on Thursday morning on the back of a report suggesting the government is considering exempting supermarkets from an increase in business rates. The Financial Times reported that the Treasury is poised to remove larger retailers from the top band of business rates, following intense lobbying pressure from supermarkets, with Chancellor Rachel Reeves having met leaders from the sector recently.
Falling prices hit Primark and Kingfisher, though food prices keep rising
Shares in non-food retailers like Primark owner Associated British Foods PLC (LSE:ABF) and B&Q owner Kingfisher PLC (LSE:KGF) fell after industry data showed that prices continued to fall this month. Non-food prices were down 0.8% year on year, easing slightly from -1.0% in July and the three-month average of -1.0%, according to the shop price monitor produced by the British Retail Consortium and NIQ.
Kingfisher (KGFHY) Upgraded to Buy: Here's What You Should Know
Kingfisher (KGFHY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Kingfisher faces softer UK market as bank trims target but keeps ‘buy'
Shares in Kingfisher PLC (LSE:KGF), the owner of B&Q and Screwfix, have held up despite a patchy set of trends in its key markets, according to Deutsche Bank, which has trimmed its price target from 330p to 320p but maintains a “buy” rating. Citi said the latest data on Kingfisher are “rather mixed” as summer approaches, with the UK and Poland proving “a bit weaker than we expected” but some improvement in France.
All You Need to Know About Kingfisher (KGFHY) Rating Upgrade to Buy
Kingfisher (KGFHY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Are Retail-Wholesale Stocks Lagging Kingfisher (KGFHY) This Year?
Here is how Kingfisher PLC (KGFHY) and SharkNinja, Inc. (SN) have performed compared to their sector so far this year.
Positive momentum in UK DIY retail: Kingfisher update lifts B&M and Wickes outlook
A bullish trading update from Kingfisher PLC (LSE:KGF) has prompted Panmure Liberum to reiterate its buy ratings on B&M European Value Retail SA (LSE:BME) and Wickes Group PLC (LSE:WIX). Signs of strengthening demand for seasonal and higher-value home improvement goods were cited.
Kingfisher surprises with return to sales growth, helped by good weather
Kingfisher PLC (LSE:KGF) reported a revenue resurgence in the first quarter of its financial year, as the B&Q and Screwfix owner benefited from strong seasonal sales that were helped by good weather. Sales came in at £3.3 billion, a 1.6% increase on the previous year, or 2.2% rise on a constant currency basis, for the three months ended 30 April 2025.
Are Retail-Wholesale Stocks Lagging Kingfisher (KGFHY) This Year?
Here is how Kingfisher PLC (KGFHY) and MONOTARO (MONOY) have performed compared to their sector so far this year.
What Makes Kingfisher PLC (KGFHY) a Strong Momentum Stock: Buy Now?
Does Kingfisher PLC (KGFHY) have what it takes to be a top stock pick for momentum investors? Let's find out.
