Kingfisher Stock Edges Down as B&Q Awaits Bigger Challenges
Kingfisher PLC shares fell 0.9% to 281.5 pence in London Monday afternoon, underperforming a steady FTSE 100. First-quarter like-for-like sales slipped 0.7%, with B&Q down 4.1% and Screwfix up 4.1%. The company kept its full-year profit target and continued a £300 million share buyback. Peers showed little movement, with Wickes up 0.3% and Travis Perkins down 0.6%.