Kingfisher Reports Strong Earnings Growth

Kingfisher Reports Strong Earnings Growth
Kingfisher delivered robust financial performance for fiscal year 2026, with pre-tax profit surging 23.0% to 378 million pounds and basic EPS jumping 39.5% to 14.0 pence. Adjusted pre-tax profit grew 6.0% to 560 million pounds, while adjusted basic earnings per share increased 14.9% to 23.8 pence. Total sales rose 1.3% to 12.95 billion pounds on a statutory basis, with like-for-like sales climbing 1.1%. The company projects adjusted profit before tax between 565 and 625 million pounds for fiscal 26/27. Management initiated a 300 million pound share buyback program and proposed a final dividend of 8.60 pence per share, bringing total dividend to 12.40 pence for the year. Shares climbed 2.11% to 295.20 pence at last close, reflecting investor confidence in the retailer's earnings expansion and capital return strategy.