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Kingfisher plc is a large international home-improvement retailer that operates about 1,350 stores in eight European countries under banners such as B&Q, Castorama, Brico Dépôt, Screwfix, and TradePoint. It serves both consumers and trade professionals by offering a wide range of home-improvement products and services across categories like gardening, insulation, and painting, with a strong emphasis on e-commerce alongside in-store shopping. The company differentiates itself through its multi-brand, multi-country footprint that combines consumer retail with professional trade channels, enabling customers to buy online and pick up in-store or have products delivered. Its goal is to make home improvement accessible to everyone and help customers transform their living spaces into homes they love, supported by a workforce of over 74,000 colleagues.
Industries
Consumer Software
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
1982
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Total Funding
$9.3M
Above
Industry Average
Funded Over
0 Rounds
Health Insurance
Dental Insurance
Life Insurance
Commuter Benefits
Hybrid Work Options
Remote Work Options
Flexible Work Hours
Wellness Program
Gym Membership
Professional Development Budget
Training Programs
Meal Benefits
Employee Referral Bonus
Paid Vacation
KINGFISHER PLC - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity
Kingfisher reports Q1 sales decline amid challenging market conditions. Kingfisher reported a slight decline in sales during Q1 2026, with like-for-like (LFL) sales falling 0.9% to £3.3 billion. In its latest trading update, the company said underlying sales, excluding calendar effects, declined by 0.7%. Within its portfolio, B&Q generated sales of £1.025 billion, with LFL sales down 4.1%, while Screwfix delivered sales of £712 million and achieved LFL growth of 4.1%. Despite challenging market conditions, Kingfisher reported strong progress in its strategic growth areas. Trade sales excluding Screwfix increased by 17%, with trade customers accounting for 31% of group sales. E-commerce sales excluding Screwfix rose 14%, representing 22% of group sales, while marketplace gross merchandise value (GMV) increased 39% to £163 million. The group also opened five stores during the quarter, including the first standalone TradePoint branch. "We delivered a resilient start to the year, executing well and gaining market share against a soft market backdrop," said Thierry Garnier, CEO of Kingfisher. "Sales including marketplace grew 0.8%, with core categories proving resilient, even as a late start to spring impacted footfall and seasonal demand. E-commerce and trade sales both delivered double-digit growth, underlining the momentum in our key growth drivers." In the UK and Ireland, B&Q recorded a 4.1% decline in LFL sales against a strong prior-year comparison, with delayed spring weather affecting footfall, seasonal products and related purchases. Big-ticket sales remained under pressure due to weakness in the bathroom market, although this was partly offset by strong demand for new kitchen ranges. E-commerce sales increased 16%, while marketplace GMV rose 29%. One new B&Q store opened during the quarter. TradePoint reported a 1.6% decline in LFL sales, reflecting a strong comparative period and fewer outdoor projects due to adverse weather conditions. The business continued to recruit trade sales partners and opened its first standalone TradePoint store, targeting customers operating in densely populated urban areas. Screwfix delivered strong growth, with LFL sales increasing 4.1%. The company attributed the performance to market share gains driven by higher transaction volumes, supported by its app-based rewards programme and convenience services such as Screwfix Sprint and Click & Collect. In France, the market declined by a low single-digit percentage as consumer savings rates remained elevated. Brico Dépôt reported a 3.1% decline in LFL sales, with weaker demand for large renovation projects. Trade sales, however, increased 28%, raising trade penetration to 16%. The company opened one store during the quarter and launched its first franchise outlet in May. In Poland, sales declined by a low single-digit percentage. LFL sales fell just 0.2%, while core categories grew 2%. Seasonal categories were affected by colder weather, while weakness in bathroom products was partially offset by gains in the kitchen segment. E-commerce sales rose 41%, trade sales increased 13%, and trade penetration reached 28%. One new store opened in April. Looking ahead, Kingfisher expects adjusted profit before tax for FY2026/27 to be between £565 million and £625 million, with free cash flow forecast at £450 million to £510 million. Topics.
Fridge freezer recall as customers told 'unplug immediately' Dozens of fridge freezers sold in Ireland have been recalled. News Sara Rountree Deputy Editor, Cork Beo and Anita McSorley 07:25, 05 May 2026Updated 07:35, 05 May 2026 Dozens of fridge freezers sold in Ireland have been urgently recalled due to a potential fire and electric shock risk. Customers are being warned to unplug the appliance straight away. The recall, issued on Thursday, affects certain GoodHome Integrated Fridge Freezers sold by B&Q Ireland between February 2022 and April 2026. According to the Competition and Consumer Protection Commission (CCPC), the automatic defrost mechanism in the affected appliances may overheat, leading to localised damage and a risk of fire or electric shock. The CCPC said: "Customers should stop using the product immediately, switch it off, and unplug it from the mains." It explained: "Kingfisher International Products B.V. is carrying out a recall of GoodHome Integrated Fridge Freezers. The risk reported to the CCPC is fire and electric shock. The automatic defrost mechanism may overheat, leading to localised damage and could create a risk of fire or electric shock." Around 63 affected products are believed to have been sold. The impacted models are two GoodHome Classic Integrated Automatic Defrost Fridge Freezers in White. One has the product number GHBI7030FFUK 70:30 and barcode 5059340169538, and the other has the product number GHBI5050FFUK 50:50 and barcode 5059340169545. The model and serial number are located on the rating label inside the appliance door. Customers who own one of the affected products are being urged to stop using it immediately, switch it off and unplug it from the mains. Manufacturer Kingfisher International Products B.V. is carrying out the recall, with B&Q offering a number of options to affected customers. Article continues below These include a full refund plus €170 towards installation costs, a free equivalent replacement product with a €170 installation allowance or a replacement with installation arranged by BandQ at no extra charge. Customers are advised not to dispose of or pass on the appliance, as B&Q will arrange collection of the recalled units. Those who have lost food due to the fault may also be able to claim up to €85 in compensation. The B&Q customer services helpline can be reached on 1800 946 327.
Kingfisher, the European home improvement retailer, reported increased profit for the financial year ended 31 January 2026, with stronger UK and Ireland performance offsetting weaker continental European markets. Group sales rose 1.3% to £12.94 billion, whilst operating profit before adjusting items increased 3.7% to £651 million. The UK and Ireland division delivered like-for-like growth of 3.3%, supported by trade activity, higher digital sales and Homebase closure benefits. Iberia was the strongest region, with like-for-like sales up 8.8% and retail profit nearly doubling. France saw sales decline but outperformed its market, whilst Poland experienced a 1.1% like-for-like sales drop. E-commerce now represents one-fifth of total group sales, according to CEO Thierry Garnier.
Kingfisher is set to release its Q4 2026 earnings on 24 March 2026. Analyst consensus estimates for the quarter are unavailable, with full-year 2026 revenue expected at $12.88 billion and earnings at $0.23 per share. Over the past 90 days, revenue estimates have remained flat at $12.88 billion for 2026, whilst 2027 estimates declined slightly from $13.20 billion to $13.18 billion. Earnings estimates held steady at $0.23 per share for 2026 and $0.25 per share for 2027. The average one-year price target from 13 analysts is $3.20, suggesting 10.77% upside from the current price of $2.89. The average brokerage recommendation from 16 firms is 2.8, indicating a "hold" status. GuruFocus has detected four warning signs with the stock.
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Industries
Consumer Software
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
1982
Find jobs on Simplify and start your career today