News Formal

B&Q owner maintains guidance on resilient DIY market

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 61%

Sverige Nyheter Nyheter

B&Q owner Kingfisher said today that its like-for-like sales fell 5.4% in the quarter to April 30 year-on-year but were up 16.2% on a three-year basis.

The group owns B&Q and Screwfix in Ireland and Britain and Castorama and Brico Depot in France and other markets.

It said it was making strong market share gains and had good momentum into the second quarter with like-for-like sales down 2.5% for the two weeks to May 14 but up 21.8% on a three-year basis. Kingfisher said it was continuing to manage inflation pressures effectively and product availability was good, approaching pre-pandemic levels.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 16. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

This cool lakeside home in Co Monaghan is on the market for €275,000Sitting in a serene spot beside a lake, this lakeside home Ireland promises to be a tranquil retreat.
Källa: image_magazine - 🏆 17. / 59 Läs mer »