Has Kingfisher (KGFHY) Outpaced Other Retail-Wholesale Stocks This Year?
KingfisherKingfisher(US:KGFHY) ZACKS·2024-09-10 14:46

Group 1 - Kingfisher PLC is currently outperforming its peers in the Retail-Wholesale sector with a year-to-date return of approximately 13.6%, compared to the sector average of 12.7% [4] - The Zacks Rank for Kingfisher PLC is 2 (Buy), indicating a favorable outlook based on earnings estimate revisions and improving earnings sentiment [3] - Over the past 90 days, the Zacks Consensus Estimate for Kingfisher PLC's full-year earnings has increased by 1%, reflecting positive analyst sentiment [4] Group 2 - Kingfisher PLC is part of the Retail - Miscellaneous industry, which has seen an average decline of 7.7% year-to-date, further highlighting Kingfisher's strong performance relative to its industry [6] - Another stock in the Retail-Wholesale sector, Next PLC, has also outperformed with a year-to-date increase of 29.8% and a Zacks Rank of 2 (Buy) [5] - The Retail - Apparel and Shoes industry, to which Next PLC belongs, has experienced a year-to-date gain of 4.7%, indicating varied performance across different segments within the Retail-Wholesale sector [6]