Kingfisher, owner of the DIY chain, is top FTSE 100 riser after it says it will stick to full-year profit outlook
A wet and cold Easter hit sales of barbecues and garden products at the home improvement chain B&Q, but it hopes to make up lost ground during the current heatwave.
B&Q owner Kingfisher, which also owns Screwfix in the UK, as well as Castorama and Brico Dépôt across six European countries, said like-for-like sales (at outlets open at least a year) in the UK and Ireland dipped 0.9% between February and April, its first quarter. Within that, B&Q sales fell 4.1% while Screwfix revenue climbed 4.1%.
Continue reading...This article was originally published by The Guardian and written by Julia Kollewe.
Read original article on The Guardian