Kingfisher ups profit guidance as ‘big-ticket’ recovers

The B&Q and Screwfix owner has boosted its full year pre-tax profit guidance to between £540m to £570m, an increase fom the upper end of £480m to £540m it signalled earlier this year. 

Kingfisher posted a 0.9% increase in underlying like-for-like sales, and a year-to-date increase of 1.6% to 31 October 2025, which it said was driven by increased volume and transaction growth. 

In the UK, Kingfisher’s like-for-like sales grew 3%, while the B&Q and Screwfix banners grew 2.8% and 3.3% respectively. 

B&Q boosted its market share in part thanks to the opening of new stores in former Homebase units it snapped up earlier in the year, while the DIY giant’s ecommerce sales rose 19.4% during the quarter. 

Screwfix also recorded volume growth, which the retailer said was driven by a strong start to its peak trading period, the launch of a new loyalty programme and six new store openings.

The group recorded “subdued demand” in France and Poland, with France recording a 2.5% like-for-like drop while there was a 1.3% like-for-like drop in Poland. 

Kingfisher chief executive Thierry Garnier said: “We delivered another quarter of high quality, volume-led growth, driven by our Group strategic initiatives in e-commerce and trade and by our performance in core and ‘big-ticket’ categories. B&Q, Screwfix and Iberia continue to strongly outperform their markets. Our performance to date and progress in our strategic initiatives give us the confidence to upgrade our full year profit guidance. 

“As we look ahead, we are committed to driving shareholder returns through the consistent execution of our strategic priorities and by being disciplined on margin and costs.”