VANCOUVER, BC / ACCESSWIRE / December 5, 2024 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to report the voting results for the Company's annual general meeting of shareholders (the "Meeting") held on December 4, 2024, in Vancouver, British Columbia. Shareholders fixed the number of directors at six (6), and all five (5) of the nominees, as set forth in the Company's Management Information Circular dated November 4, 2024 (the "Circular"), were elected as directors of Kingfisher at the Meeting.
B&Q owner Kingfisher plc's third-quarter results published yesterday were weaker-than-anticipated, Deutsche Bank analysts said in a research note. Given Kingfisher's 12% share price bombing on the day, that may be understating it.
B&Q and Castorama owner Kingfisher said it was well stocked with Christmas products, thanks to a strategy of building up inventory early to mitigate the risk of supply chain disruption.
Kingfisher plc's share price bombed more than 12% today after the B&Q owner warned of a costly financial impact following Labour chancellor Rachel Reeves' Autumn Budget. Kingfisher tightened its full-year profit guidance and said the Budget will add approximately £31 million to next year's expenses.
B&Q owner Kingfisher plc's group-wide sales fell 0.6% on a year-on-year basis in the third quarter, with a sharp 6.4% decline in its second-largest market France offsetting low-single-digit gains in the UK and Ireland. Both markets are facing uncertainty due to their governments' respective Budgets, said chief executive Thierry Garnier.
European home improvement retailer Kingfisher lowered the top end of its annual profit outlook as it reported a 1.1% fall in underlying sales for its third quarter, reflecting a weak market and consumer in the UK and France in October.
Kingfisher kicks off the week's proceedings on Monday with a third-quarter update.
Kingfisher PLC (LSE:KGF) trading update next week (Monday 25 November) should contain some encouraging trends but might have a sting in the tail, believes US bank Citi. UK trading at B&Q and Screwfix should be positive, France has easier comparatives and weakness in Poland should be modest.
VANCOUVER, BC / ACCESSWIRE / November 12, 2024 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to report new drill targets generated from the 2024 field program at the HWY 37 Project in the Golden Triangle, British Columbia. SIX NEW DRILL TARGETS: 1.
Here is how Kingfisher PLC (KGFHY) and Lands' End (LE) have performed compared to their sector so far this year.
Does Kingfisher PLC (KGFHY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Kingfisher plc (OTCQX:KGFHF) Q2 2024 Results Conference Call September 17, 2024 3:30 AM ET Company Participants Thierry Garnier - Chief Executive Officer & Executive Director Bernard Bot - Chief Financial Officer & Director Conference Call Participants Ami Galla - Citi Warwick Okines - BNP Paribas Adam Cochrane - Deutsche Bank Richard Chamberlain - RBC Capital Markets Izabel Dobreva - Morgan Stanley Georgina Johanan - J.P. Morgan Matthew Clements - Barclays Kate Calvert - Investec Grace Gilberg - Jefferies Operator Good day, ladies and gentlemen, and welcome to Kingfisher plc's Half Year 2024 to 2025 Results Presentation.