Kingfisher PLC (GB:KGF)
LSE:KGF
Earnings Data
Report Date
Sep 22, 2026Before Open (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
0.17Last Year’s EPS
0.15Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong operational and financial performance with multiple clear execution wins: market share gains, robust e‑commerce and marketplace growth, improved gross margin, rising EPS, solid free cash flow, and a refreshed trade strategy driving increasing higher‑value sales. At the same time, there are notable challenges—a weak French market requiring a multi‑year recovery and restructuring at Castorama, some softness in Poland, ongoing cost headwinds (wages, packaging, potential freight/energy volatility), and a tougher near‑term comparative (seasonality/Homebase). Overall the positives (sustained growth, margin expansion, strong cash generation, successful strategic initiatives and shareholder returns) outweigh the negatives, which are mostly regional/temporary or being addressed through active programs.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% (excluding a -0.3% negative calendar impact).
Profitability Expansion (Underlying)
Adjusted profit before tax of GBP 560 million, up +6% year‑on‑year (or +13% when excluding a prior‑year GBP 33m B&Q business rates refund). Adjusted EPS 23.8p, up +15%, helped by a c.6% uplift from the share buyback program.
Strong Free Cash Flow and Balance Sheet
Free cash flow of GBP 512 million; adjusted EBITDA GBP 1.3 billion; net leverage 1.4x. Returned GBP 474 million to shareholders (dividends and buybacks) and completed a GBP 300 million buyback with a new GBP 300 million program announced.
Marketplace and E‑commerce Momentum
Marketplaces reached around GBP 518 million GMV (reported +58% YoY). E‑commerce growth strong: B&Q e‑commerce +21.5%, banner e‑commerce up ~20% overall; Screwfix generates 60% of sales online; group now has c.20% e‑commerce penetration with a medium‑term target of 30%.
Trade Strategy Driving Sales Mix
Trade sales grew rapidly (group trade sales cited as +23% in discussion); trade customers now account for ~1 in every 3 GBP of group sales. Medium‑term ambition updated to GBP 5 billion of group sales from trade.
Gross Margin and Retail Margin Improvement
Group gross margin expanded by +80 basis points in the year. Retail operating margin expanded +30 basis points to 5.7%.
Country/Banner Highlights – U.K., Screwfix and Iberia
U.K. banners delivered strong performance (U.K. retail operating profit GBP 575 million, ~78% of group retail profit). Screwfix total sales +4.5% (LFL +3.2%) and opened 27 net stores. Iberia delivered excellent performance with +8.8% like‑for‑like growth.
Selective Store Expansion and Format Strategy
27 new store openings planned for coming year; continued roll‑out of compact/urban formats (Screwfix City, B&Q Locals, Brico Dépôt 1,000) and focus on formats that drive density and digital fulfillment.
Operational Efficiency and Working Capital Progress
Working capital delivered a net inflow of GBP 74 million; inventory days reduced (management cited -5 days this year and -7 days prior year) via supply‑chain visibility tools and DC rationalisation.
Digital, Retail Media and AI Initiatives
Retail media being built in‑house with a target of c.3% of e‑commerce sales as additional revenue. AI initiatives: Hello Casto/B&Q adoption with >60% uplift in visits and +95% conversion improvement for Hello Casto; new strategic partnership with Google Cloud for AI‑powered search.
Own Brand and Product Success
Own brand wins: Erbauer next‑generation power tools delivered +43% sales versus the previous range and is now the #1 tool brand across the group; new kitchen ranges supporting big‑ticket growth.
GB:KGF 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
GB:KGF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 24, 2026 | 296.40 p | 289.60 p | -2.29% |
Sep 23, 2025 | 248.98 p | 285.41 p | +14.63% |
Mar 25, 2025 | 268.46 p | 230.65 p | -14.09% |
Sep 17, 2024 | 275.29 p | 306.20 p | +11.23% |
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 PLC (GB:KGF) report earnings?
Kingfisher PLC (GB:KGF) is schdueled to report earning on Sep 22, 2026, Before Open (Confirmed).
What is Kingfisher PLC (GB:KGF) earnings time?
Kingfisher PLC (GB:KGF) 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 the P/E ratio of Kingfisher PLC stock?
The P/E ratio of Kingfisher is N/A.
What is GB:KGF EPS forecast?
GB:KGF EPS forecast for the fiscal quarter 2027 (Q2) is 0.17.