Kingfisher PLC
KGF: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| m%h | LOCK|G>l | LOCK|<vTcDP |
Kingfisher Update: Strong First-Quarter Sales; Full-Year Outlook Unchanged
Kingfisher’s underlying like-for-like sales rose 2.7% in the first quarter, beating expectations thanks to warm spring weather in the UK. Despite this strong start, the company didn’t raise its full-year profit forecast.
