diycraze
“B&Q and Screwfix owner Kingfisher plc (LON:KGF) has again nailed our insatiable demand for DIY. The race for more space in our homes has kept demand booming for building and decorating materials. The working from home revolution has been a seismic change and has led so many people to re-evaluate the way they live. Doing deals from the kitchen table just isn’t going to cut it longer term, so they have been eyeing up extensions, renovations and outdoor offices instead. Q2 2021 hedge fund letters, conferences and more Kingfisher's Sales Were Up 22%Like for like sales were up 22% for the half yea...
ValueWalk
“The DIY craze for home and garden makeovers shows little sign of abating with sales at B&Q owner Kingfisher surging by 62% in the first quarter. Q1 2021 hedge fund letters, conferences and more B&Q Q1 EarningsThe first shock of lockdown saw sales plummet at the group during the same period last year which accounts partly for this rapid rise, but compared to 2019, sales were up by 23% across the group. People rolled up their sleeves and got stuck into home improvements during the third lockdown with sales at B&Q soaring by 82%. Shoppers splurged on projects to prepare for social life resuming ...
ValueWalk
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