Kingfisher (KGFHY)
OTHER OTC:KGFHY
Earnings Data
Report Date
Sep 22, 2026Before Open (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
0.45Last Year’s EPS
0.41Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial picture: strong top‑line growth in key banners (B&Q, Screwfix), significant marketplace/e‑commerce momentum (GMV +58%, e‑commerce gains), gross margin improvement (+80bps), robust free cash flow (GBP 512m) and continued capital returns (buybacks/dividend). Strategic progress on trade, marketplace scale‑up, AI/tech and retail media underpins medium‑term optionality. Offsets include weakness in France (Castorama restructuring), some declines in Brico Dépôt and Poland for the full year, one‑off charges (GBP 5m Poland impairment), higher CapEx, and macro/geopolitical risks (energy/freight/tax lapping) that could pressure near‑term comparatives and margins. On balance, the positive execution, margin expansion and cash generation materially outweigh the lowlights, though management remains cautious on cost and market uncertainty.Company Guidance
Group Sales and Like-for-Like Growth
Total group sales of GBP 12.9 billion with like‑for‑like sales up +1.4% (ex‑calendar impact of -0.3%).
Adjusted Profit and EPS Growth
Adjusted profit before tax of GBP 560 million, up +6% year‑on‑year (or +13% excluding prior‑year GBP 33m B&Q business rates refund). Adjusted EPS 23.8p, up +15%.
Strong Free Cash Flow and Capital Returns
Free cash flow of GBP 512 million; returned GBP 474 million to shareholders via dividends and buybacks; completed GBP 300 million buyback and launched a further GBP 300 million program; proposed dividend 12.4p per share (in line with prior year).
Gross Margin and Retail Margin Expansion
Gross margin expanded by +80 basis points year‑on‑year; retail operating margin expanded by +30 basis points to 5.7%.
Marketplace and E‑commerce Momentum
Marketplaces reached GBP 518 million GMV (up +58% year‑on‑year) and B&Q marketplace cumulative GMV of GBP 1.0 billion since launch. Group e‑commerce penetration at 20% (GBP 1 in GBP 5 from e‑commerce); B&Q e‑commerce +21.5%.
Trade Strategy Progress
Trade customers now account for ~GBP 1 in every GBP 3 of group sales; trade sales grew +23% group‑wide and trade penetration examples: Castorama up to 9% (from <1%) and Brico Dépôt trade sales +26% with trade penetration at 17%.
Strong U.K. Banner Performance
B&Q total sales +3.9% (+5.9% including marketplace GMV) with like‑for‑like +3.3%; Screwfix total sales +4.5% and like‑for‑like +3.2% with 27 net new stores opened; U.K. banners generated GBP 575 million retail operating profit (78% of group retail profit).
Operational Efficiencies and Working Capital
Adjusted EBITDA GBP 1.3 billion; working capital delivered a net inflow of GBP 74 million (driven by higher payables and inventory management). Continued inventory days reduction program (5 days removed this year, 7 days last year).
Geographic Highlights — Iberia and Poland Improvements
Iberia delivered like‑for‑like growth of +8.8% (outperforming a growing market). Poland showed improving conditions in Q4 with e‑commerce up +30% year‑on‑year and Poland retail operating profit GBP 87 million (~12% of group retail profit).
Technology, AI and New Revenue Streams
Strategic AI and tech investments (Hello Casto/B&Q agents; Google Cloud partnership to add AI search). Retail media and data monetization initiatives in roll out; B&Q marketplace generated GBP 15 million profit contribution and marketplaces in France/Iberia reached breakeven early.
KGFHY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KGFHY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 24, 2026 | $7.93 | $7.75 | -2.33% |
Sep 23, 2025 | $6.73 | $7.73 | +14.89% |
Mar 25, 2025 | $6.95 | $5.99 | -13.84% |
Sep 17, 2024 | $7.30 | $8.11 | +11.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kingfisher (KGFHY) report earnings?
Kingfisher (KGFHY) is schdueled to report earning on Sep 22, 2026, Before Open (Confirmed).
What is Kingfisher (KGFHY) earnings time?
Kingfisher (KGFHY) earnings time is at Sep 22, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KGFHY EPS forecast?
KGFHY EPS forecast for the fiscal quarter 2027 (Q2) is 0.45.