Kingfisher issues second profit warning in two months
22nd Nov 2023 07:17
(Sharecast News) - Home improvement retail conglomerate Kingfisher has cut its profit guidance for the second time owing to continued market weakness in France.
Read moreDeutsche Bank starts coverage of 6 retail stocks; prefers Asos, B&M and M&S
21st Nov 2023 13:04
(Sharecast News) - Deutsche Bank initiated coverage on six UK retail stocks on Tuesday, with a preference for Asos, B&M European Value Retail and Marks & Spencer.
Read moreJPMorgan puts Kingfisher on 'negative catalyst watch', cites weaker French outlook
24th Oct 2023 10:34
(Sharecast News) - JPMorgan Cazenove reiterated its 'underweight' rating on B&Q owner Kingfisher on Tuesday as it placed the shares on 'negative catalyst watch' ahead of the third-quarter trading update next month.
Read moreLondon close: Stocks mixed at start of busy week
23rd Oct 2023 19:21
(Sharecast News) - London's stock markets finished with a varied performance on Monday, driven by concerns over rising UK bond yields and global interest rate trends.
Read moreLondon close: Stocks mixed as US inflation comes in slightly hot
12th Oct 2023 16:02
(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.
Read moreLondon close: Stocks weaker amid Gaza tensions, hot US producer prices
11th Oct 2023 15:01
(Sharecast News) - Stocks in London ended in the red on Wednesday, impacted by heightened concerns regarding global inflation and ongoing situations in the Middle East.
Read moreFTSE 100 movers: Kingfisher down 11% after profit warning
19th Sep 2023 14:04
(Sharecast News) - Kingfisher lost more than a tenth of its market value on Tuesday after the DIY retail conglomerate warned shareholders that it would have to scale back profit guidance this year.
Read moreKingfisher lowers full-year expectations as Poland operations drag
19th Sep 2023 07:43
(Sharecast News) - Kingfisher lowered its profit expectations for the full year on Tuesday despite reporting a slight increase in first-half sales of 1.1% to £6.88bn, with like-for-like sales slightly ahead of expectations.
Read moreJPMorgan puts Kingfisher on 'negative catalyst watch', cuts price target
30th Aug 2023 07:40
(Sharecast News) - JPMorgan Cazenove trimmed its price target on shares of B&Q owner Kingfisher on Wednesday and placed them on 'negative catalyst watch' ahead of first-half results next month.
Read moreDirector dealings: Kingfisher, Currys board members invest
6th Jul 2023 14:42
(Sharecast News) - Two major retailers were on the list of director buys on Thursday, with both Kingfisher and Currys disclosing large purchases made by board members.
Read moreKingfisher backs FY guidance as Q1 sales fall
24th May 2023 07:14
(Sharecast News) - B&Q owner Kingfisher backed its full-year guidance on Wednesday as it posted a decline in first-quarter sales, hit by poor weather in the UK and France.
Read moreKingfisher FY profits, revenues decline
21st Mar 2023 07:46
(Sharecast News) - B&Q and Screwfix owner Kingfisher posted a drop in full-year profit on Tuesday as sales dipped, with trade normalising following a boost from the pandemic, and said profits are expected to fall again this year.
Read moreTuesday preview: UK public sector borrowing, Kingfisher in the spotlight
20th Mar 2023 12:32
(Sharecast News) - Investors' focus on Tuesday would continue to be trained on the global banking sector and financial markets' reaction to the Credit Suisse rescue at the weekend.
Read moreJefferies upgrades Tesco, Kingfisher
6th Mar 2023 11:42
(Sharecast News) - Jefferies has upgraded Tesco and Kingfisher, as part of a wider review of its UK retailer ratings.
Read moreDeutsche Bank upgrades B&M, downgrades Kingfisher
3rd Feb 2023 09:14
(Sharecast News) - Deutsche Bank adjusted its ratings on a number of retailers on Friday, as it noted that the European general retail sector ended 2022 on a "surprisingly good" note.
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