Kingfisher posts mixed Q1 results

Source: Retail Gazette, Thursday, May 16, 2019

Kingfisher has delivered mixed financial results in its first quarter, although its profit guidance for the full-year remained unchanged. The parent company of B&Q and Screwfix recorded a 1.7% rise in group sales during its first fiscal quarter to 30 April, or by 0.8% on a same-store basis. Sales at Screwfix were up 9.6%, while B&Q sales were up 2.8% on a like-for-like basis.