US EditionB&Q owner Kingfisher says resilient UK lifts profit
- On Tuesday, European home improvement retailer Kingfisher reported a 6% rise in annual profit, with resilient UK performance offsetting softer results in France and Poland.
- The FTSE-100 company benefited from cost-saving initiatives and the closure of Homebase stores early last year, which strengthened domestic market performance across its brands.
- Total sales rose 1.3% to £12.9 billion while adjusted pretax profit reached £560 million; the group opened 34 new stores across its Castorama and Brico Depot banners.
- Kingfisher announced a new £300m share buyback programme, while CEO Thierry Garnier told reporters he expects "limited" cost impact from the US-Israeli conflict with Iran.
- Bosses described the consumer backdrop as "mixed" while forecasting adjusted profits between £565 million and £625 million for the 2026/27 year amid rising household living costs.
13 Articles
13 Articles
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The IndependentB&Q and Screwfix owner hails ‘rapid progress’ as profits jump
Kingfisher, which also owns French brand Castorama, revealed that pre-tax profits rose by 23% to £378 million for the year to January 31. Home improvement giant Kingfisher has revealed a jump in profits for the past year on the back of cost-saving efforts and “standout” performances from its B&Q and Screwfix brands. Bosses at the FTSE 100 company said it has made “rapid progress” in its growth strategy as they hailed the “strong” performance. Th…
Kingfisher sees sales strengthen as digital innovation and trade growth accelerate - InternetRetailing
Kingfisher has reported a solid set of full‑year results for the year to 31 January 2026. The hardware retailer, which owns B&Q, Castorama and Screwfix, enjoyed steady sales growth, with a significant lift from its expanding digital and trade propositions. Group like‑for‑like sales rose 1.4%, with total sales up 1.3%. The UK led the performance, as B&Q and Screwfix both delivered sales increases of more than 4%. Adjusted profit before tax reache…
Kingfisher benefits from Homebase fall and growth in the Iberian Peninsula - RetailDetail EU
Kingfisher's profits rose last year, mainly thanks to strong performance from B&Q and Screwfix. The British DIY group is benefiting from Homebase's bankruptcy and is focusing on digital growth and professional customers.
B&Q And Screwfix Drive Growth At Kingfisher
Kingfisher has posted a rise in annual profit and sales after its B&Q and Screwfix chains delivered robust performances. Total group sales rose by 1.3% to £12.9bn over the year to 31st January 2026, while underlying like-for-like sales increased by (more…) The post B&Q And Screwfix Drive Growth At Kingfisher appeared first on KamCity.
Kingfisher is back on track but still at the mercy of the market, says GlobalData
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more. Following today’s release of Kingfisher’s full year results for the year ending 31 January 2026; Ashley Adeyemi, retail analyst at GlobalData, a leading intelligence and productivity platform, offers her view: “Kingfisher has delivered a modest return to growth, with…
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