LONDON, May 26 (Reuters) – European home improvement
retailer Kingfisher reported a 0.7% fall in first
quarter underlying sales against a “soft market backdrop” but
kept its profit guidance for full-year profit.
The FTSE-100 listed group, which owns B&Q and Screwfix in
the UK and Castorama and Brico Depot in France and other
markets, said core categories proved resilient despite a late
start to spring impacting footfall and seasonal demand.
(Reporting by James Davey, Editing by Sam Tabahriti)
Kingfisher