Kingfisher said first-quarter sales held up, signaling that DIY demand remained resilient even as retail cost pressures weighed on the sector.
B&Q’s owner framed the update as evidence that customer spending on home-improvement projects has not materially weakened in the quarter.
The results suggest demand strength is helping offset higher operating costs, a key pressure point for retailers navigating a tougher cost environment.
With resilient sales but a falling stock price, can Kingfisher's strategy truly conquer market-wide cost pressures?
As trade sales surge 23%, are we witnessing a permanent shift from DIY to a 'Do-It-For-Me' economy?