A member of staff works in an aisle in the flooring section of a B&Q retail store in Manchester, Britain, June 14, 2024. REUTERS
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
