Outdoor products boom boosts sales at B&Q

Good weather stimulating early seasonal demand for outdoor and gardening products encouraged an 11.9% rise in sales at B&Q in the first quarter to £1,058m.

Sales of outdoor lines grew by over 20% year on year and kitchen sales were also ahead. However, gross margin percentage was flat, reflecting stronger sales of lower-margin outdoor products and kitchens sold on promotion. Retail profit jumped 82.2% to £32.8m.

B&Q parent Kingfisher saw group sales up 14.8% to £2,294m and profit up 29.9%, the figures again attributed to favourable weather across Europe.

Check Also

Ledbury Hardware wins Magic of Christmas Window Dressing Competition

Ledbury Hardware (Ledbury) has won Home Hardware’s Magic of Christmas Window Dressing Competition receiving £100 …