Kingfisher PLC
KGF: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>H | LOCK|>&$ | LOCK|@@NqgBr |
Kingfisher: Third Quarter Better Than Feared, but Budget Uncertainty Threatens Fourth Quarter
Kingfisher reported a trading update for the period to Oct 31. Overall, this was a good set of results. The UK and Ireland region continued to surprise positively, but hints of a softening labor market and uncertainty with regard to the autumn budget keep us wary.
