politics

B&Q Sales Decline Due to Wet Easter, Anticipates Recovery in Heatwave
26 Mayıs 2026The Guardian
- B&Q, the DIY chain owned by Kingfisher, experienced a decline in sales due to a wet and cold Easter, impacting their barbecue and garden product sales. Despite this setback, Kingfisher remains optimistic about recovering lost sales during the ongoing heatwave.
- The company's like-for-like sales in the UK and Ireland fell by 0.9% in the first quarter, with B&Q's sales down 4.1%, while Screwfix saw a revenue increase of 4.1%.
- Kingfisher operates multiple retail brands across Europe, and its performance is often influenced by seasonal trends and weather conditions. The company's strategy involves adapting to market demands, which can fluctuate significantly due to external factors like climate.
- The contrasting performance between B&Q and Screwfix highlights the varied consumer behavior in the DIY market, influenced by seasonal weather patterns. While B&Q suffered from adverse weather conditions, Screwfix's growth suggests a shift towards more indoor or essential DIY projects.
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