Kingfisher sales hammered by coronavirus store closures

B&Q

Kingfisher has seen sales during the first quarter of the year take a hammering from the coronavirus forced closure of its store estate.

The home and DIY giant reported that for the three months to April 30 sales fell 24% to £2.2bn across the UK, Ireland, France and other international businesses.

In the UK and Ireland, Kingfisher saw sales fall 14.7% to £1.09bn, with B&Q sales plummeting 22.1% to £663m. Screwfix on the other hand performed relatively strongly, reporting just a 0.1% sales fall to £432m for the quarter.

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