Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and more international home improvement company Kingfisher (KGF) has issued a “Q3 Trading Update” headlined “Sales in line or ahead of the market across all our banners; full year profit guidance range tightened”. So why a currently approaching 13% lower share price response to below 260p?
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