Kingfisher(KGFHY)

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Are Retail-Wholesale Stocks Lagging Compagnie Financiere Richemont (CFRUY) This Year?
ZACKS· 2025-04-21 14:46
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Compagnie Financiere Richemont AG (CFRUY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Compagnie Financiere Richemont AG is a member of our Retail-Wholesale group, which includes 210 different compa ...
Is Compagnie Financiere Richemont (CFRUY) Stock Outpacing Its Retail-Wholesale Peers This Year?
ZACKS· 2025-04-03 14:46
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Compagnie Financiere Richemont AG (CFRUY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.Compagnie Financiere Richemont AG is a member of the Retail-Wholesale sector. This group includes 210 individual stocks and currently holds a ...
Kingfisher(KGFHY) - 2025 Q4 - Earnings Call Transcript
2025-03-25 16:34
Bhavesh Mistry Thank you, Thierry. Good morning, everyone, and thank you for joining us today. It's great to meet so many of you in person. I'm now 2 months into my role as Kingfisher's new CFO and have spent time meeting colleagues across the business and visiting stores across our banners. I'd like to thank all the teams for the warm welcome I've received. I've been impressed with what I've seen and heard, particularly the enthusiasm and commitment of the teams across our markets to delivering a great cus ...
Fortuna intersects 7.2 g/t Au over 31.5 meters at Kingfisher, Séguéla Mine, Côte d'Ivoire
GlobeNewswire News Room· 2025-03-13 09:00
VANCOUVER, British Columbia, March 13, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration programs at the Séguéla Mine in Côte d’Ivoire. Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, “Exploration drilling at Kingfisher has moved to infilling and improving the resource confidence along the 1-kilometer strike length of the current resource pit, with several notable intersections including 7.2 g/t Au over an estimat ...
Fortuna extends Kingfisher deposit with drill intersect of 4.1 g/t Au over 15.3 meters at the Séguéla Mine, Côte d'Ivoire
GlobeNewswire News Room· 2024-12-16 10:00
VANCOUVER, British Columbia, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration program at the Séguéla Mine in Côte d’Ivoire. Paul Weedon, Senior Vice President, Exploration, commented, “The prospectivity of Kingfisher is underscored by the recent intersections of 15.3 meters averaging 4.1 g/t Au and 17 meters averaging 3.3 g/t Au; approximately 150 meters further along strike of the recently reported maiden Inferred Resource of 2 ...
Is Kingfisher (KGFHY) Outperforming Other Retail-Wholesale Stocks This Year?
ZACKS· 2024-09-26 14:46
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Kingfisher PLC (KGFHY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question. Kingfisher PLC is one of 211 companies in the Retail-Who ...
Here's Why Kingfisher PLC (KGFHY) is a Great Momentum Stock to Buy
ZACKS· 2024-09-23 17:02
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...
Kingfisher(KGFHY) - 2024 Q2 - Earnings Call Transcript
2024-09-17 18:01
Financial Data and Key Metrics Changes - Total sales for the group fell by 1.4% to just under GBP 6.8 billion, with a like-for-like decline of 2.4% [5][9] - Gross margin increased by 40 basis points, maintaining competitive price indices across all banners [6][10] - Adjusted profit before tax (PBT) decreased by 0.5% to GBP 334 million, including a one-off benefit of GBP 25 million from business rate refunds [8][10] - Free cash flow generation was strong at GBP 421 million, supported by inventory management and cash tax refunds [8][29] Business Line Data and Key Metrics Changes - E-commerce sales rose by 8.4%, with group e-commerce penetration increasing to 18.3% [7][50] - In the U.K. and Ireland, like-for-like sales were down just 0.2%, with total sales increasing by 1% [13][14] - France's like-for-like sales were 7.2% lower, reflecting a soft consumer environment [15][17] - Poland's like-for-like sales were 0.2% lower, with a significant increase in trade penetration [18][19] Market Data and Key Metrics Changes - The U.K. and Ireland home improvement market is tracking within the higher end of growth scenarios set in March [36][38] - France's market is currently tracking at the low end of scenarios due to subdued consumer confidence [37][38] - Poland's market is in the higher end of scenarios, with improving consumer confidence [37][38] Company Strategy and Development Direction - The company aims to grow market share, manage gross margin, and control costs while focusing on strategic objectives [3][4] - Plans include restructuring and modernizing underperforming stores in France, with a target profit margin of 5% to 7% [4][62] - Expansion plans for Screwfix and Castorama include opening new stores and enhancing e-commerce capabilities [46][47] Management's Comments on Operating Environment and Future Outlook - Management remains cautious about the lag between housing market indicators and home improvement spending [4][36] - There are early signs of an improving housing market in the U.K., but consumer confidence remains weak in France [4][37] - The company is tightening its full-year adjusted PBT guidance to GBP 510 million to GBP 550 million [38] Other Important Information - The company has upgraded its free cash flow guidance for the year and accelerated its share buyback program [5][8] - The interim dividend remains unchanged at 3.8p, reflecting a commitment to shareholder returns [8][32] - The company has made significant progress in cost reduction initiatives, targeting an additional GBP 120 million this year [26][38] Q&A Session Questions and Answers Question: What is the outlook for the home improvement market? - The U.K. and Ireland markets are showing resilience, while France is tracking at the low end of expectations due to weak consumer confidence [36][37] Question: How is the company managing costs? - The company has successfully offset cost inflation through structural reductions and effective management of operating costs [6][26] Question: What are the plans for e-commerce growth? - The company aims to achieve 30% of group sales from e-commerce, with significant growth in marketplace sales [47][52]
Has Kingfisher (KGFHY) Outpaced Other Retail-Wholesale Stocks This Year?
ZACKS· 2024-09-10 14:46
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Kingfisher PLC (KGFHY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question. Kingfisher PLC is a member of our Retail-Wholesale group, which includes 211 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks S ...
Fortuna intersects 14.2 g/t Au over 16.8 meters at the Kingfisher prospect, Séguéla Mine, Côte d'Ivoire
GlobeNewswire News Room· 2024-09-10 09:00
VANCOUVER, British Columbia, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration programs at the Séguéla Mine in Côte d'Ivoire. Séguéla Mine exploration highlights Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, "Kingfisher is rapidly shaping up as a substantial prospect for Séguéla, with a drill defined strike now over 2 kilometers in length and it remains open at depth. Recent drilling highlights include ...