Kingfisher is the largest home and DIY retail company in the UK. Its brands include B&Q and Screwfix, as well as French retailers Castorama and Brico Depot. It has over 2,000 stores across Europe. Retail Week provides news, analysis, features and opinion about Kingfisher and the home and DIY sector.
This week marks the start of the new financial year for many and the coming into force of the big whammy of cost rises the retail sector has been dreading for months
Only four UK retailers have exceeded £1bn in nominal profits, with Next being the latest to join the club.
B&Q and Screwfix-owner Kingfisher’s chief executive Thierry Garnier and chief financial officer Bhavesh Mistry talk about rising costs, the AI revolution, Homebase and more.
The retail group, which owns B&Q and Screwfix, reported a 7% fall in profit in 2024/25 with sales also declining on the year before.
B&Q has unveiled a major new marketing push highlighting its commitment to affordability.
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