Tag: Screwfix
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Kingfisher holds firm as retail fears rise over a softening UK market
Overview: Kingfisher’s forecast stands out in a wary market In a period when most UK retailers are wrestling with inflation, shifting consumer confidence, and tighter budgets, Kingfisher—the owner of B&Q and Screwfix—has bucked the trend by reaffirming a robust profit forecast. The update comes as the broader retail environment shows signs of softening, raising questions…
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Kingfisher’s Profit Beat Highlights UK Retail’s Narrow Path in a Softening Market
UK Retail Faces a Tale of Two Currents As the government teeters on the edge of a tax-raising budget, the UK retail sector finds itself in a delicate balancing act. One of the market’s bright spots — a leading retailer that owns household names and DIY staples — has just nudged investors with a stronger-than-expected…
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Kingfisher Signals Confidence as UK Retail Faces a Slowing Market
Kingfisher’s Optimism in a Slower UK Retail Scene The owner of B&Q and Screwfix, Kingfisher, has chosen a moment of caution in the wider economy to trumpet brighter financial prospects. As the chancellor maps out a budget leaning on growth measures and potential tax changes, the retailer’s upgraded profit forecast stands out—yet it also underlines…