273.10p+3.70 (+1.37%)12 Jul 2024, 16:47
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Kingfisher PLC Shares News & Articles

Kingfisher downgrades profit forecast following poor trading in Poland and France

Earnings guidance downgradedWeak trading in Poland and FranceNew £300 million buyback announcedHome improvement retailer Kingfisher (KGF) was the FTSE 100's biggest faller on Tuesday, shares in the DIY products purveyor plunging 7% to 219.9p. The drop came after cutting its annual profit outlook amid poor trading from its Polish operations and a lacklustre turn in France, where consumer confidenc

Kingfisher shares down 2% as like-for-like Q1 sales impacted by poor spring weather

Q1 like for like sales hit by poor weatherCompany reiterates full year guidanceTrading improved since early AprilHome improvement retailer Kingfisher (KGF) said first quarter like-for-like sales fell 3.3% as poor spring weather impacted demand for seasonal products.The shares fell 1.6% to 242.9p, leaving them flat on the year and down around 16% since early February.Sales for the three months to 3

Stocks to watch over the next 7 days: Fevertree, Kingfisher, Nike and General Mills

FevertreeCan the posh mixers maker regain some fizz when it posts 2022 results?After enjoying years of fizzing earnings upgrades and share price gains off the back of its 2014 stock market listing, posh mixers maker Fevertree (FEVR:AIM) has gone flat in recent times.In January the company downgraded 2023 guidance thanks to rising costs - this negative news coming off the back of three profit warni
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