Kingfisher Raises Profit Outlook on Sales Growth, Cost-Saving Efforts

Kingfisher lifted its profit outlook for fiscal 2026, saying its performance to date and cost savings give it confidence despite weakening market conditions in the U.K. and Poland.

The U.K. home-improvement retailer now expects adjusted pretax profit for the year ending Jan. 31 to range from 540 million to 570 million pounds ($707.7 million-$747 million). It had previously forecast a result at the upper end of the 480 million to 540 million pound range.