B&Q owner eyes warm weather boost as sales fall Retail B&Q’s FTSE 100 owner will be hoping for a heatwave boost after it blamed poor weather for falling sales at the start of the year. Kingfisher, which also owns Screwfix and home improvement retailers in France and Poland, saw total like-for-like sales dip by 0.9 per cent to £3.3bn in the first quarter of the [...]
Wickes profit down by almost a quarter as sector struggles Retail Profit at British DIY and home improvement retailer Wickes fell by almost a quarter over the past six months as sales slowed across the entire home improvement market. The London-listed company, which is headquartered in Watford, reported an adjusted pre-tax profit of £23.4m during the six months ending 29 June, 2024, down just under 25 [...]
Wickes: Brits still holding back on big-ticket items as DIY goods preferred Business Wickes reported a mixed set of results for the half of the year, with consumers still unwilling to spend on big-ticket items but happy to buy DIY retail goods. Overall group sales fell by 3.4 per cent in the 26 weeks to June 29 at the London-listed company. Revenue in the second quarter fell by [...]