B&Q sales hit by wet Easter but it hopes to gain in heatwave

Kingfisher, owner of the DIY chain, is top FTSE 100 riser after it says it will stick to full-year profit outlook Business live – latest updates A wet and cold Easter hit sales of barbecues and garden products at the home improvement chain B&Q, but it hopes to make up lost ground during the current heatwave. B&Q owner Kingfisher , which also owns Screwfix in the UK, as well as Castorama and Brico Dépôt across six European countries, said like-for-like sales (at outlets open at least a year) in the UK and Ireland dipped 0.9% between February and April, its first quarter. Within that, B&Q sales fell 4.1% while Screwfix revenue climbed 4.1%. Continue reading...

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