| Kingfisher PLC (GB0033195214) | |||
2,92 GBXStand (close): 03.07.25 |
 |
||
Nachrichten |
||
| Datum / Uhrzeit | Titel | Bewertung |
| 21.04.25 13:40:09 | Are Retail-Wholesale Stocks Lagging Compagnie Financiere Richemont (CFRUY) This Year? |  |
| 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 companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Compagnie Financiere Richemont AG is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for CFRUY's full-year earnings has moved 5.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the latest available data, CFRUY has gained about 10.4% so far this year. At the same time, Retail-Wholesale stocks have lost an average of 8.1%. This means that Compagnie Financiere Richemont AG is performing better than its sector in terms of year-to-date returns. Another Retail-Wholesale stock, which has outperformed the sector so far this year, is Kingfisher PLC (KGFHY). The stock has returned 15.7% year-to-date. For Kingfisher PLC, the consensus EPS estimate for the current year has increased 1.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Compagnie Financiere Richemont AG belongs to the Retail - Jewelry industry, which includes 6 individual stocks and currently sits at #53 in the Zacks Industry Rank. Stocks in this group have lost about 30.8% so far this year, so CFRUY is performing better this group in terms of year-to-date returns. Kingfisher PLC, however, belongs to the Retail - Miscellaneous industry. Currently, this 17-stock industry is ranked #148. The industry has moved -17.9% so far this year. Investors interested in the Retail-Wholesale sector may want to keep a close eye on Compagnie Financiere Richemont AG and Kingfisher PLC as they attempt to continue their solid performance. Story Continues Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Compagnie Financiere Richemont AG (CFRUY) : Free Stock Analysis Report Kingfisher PLC (KGFHY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments |
||
| 15.04.25 07:58:20 | FTSE 100 LIVE: Stocks rise as JD Vance says 'good chance' of UK trade deal | |
| The FTSE 100 (^FTSE) and Germany's DAX (^GDAXI) were climbed in early trade on Tuesday, as market watchers parse yet more information being drip-fed by the Trump administration about reprieves on tariffs for car manufacturers and other sectors. President Trump's number two, JD Vance, said there was a "good chance" of reaching a trade deal with the UK. "We're certainly working very hard with Keir Starmer's government," Vance said in an interview on Monday with online publication UnHerd. Trump also hinted that car tariffs may be halted or dialled back. “I’m looking at something to help some of the car companies, where they’re switching to parts that were made in Canada, Mexico, and other places, and they need a little bit of time because they’re going to make them here,” Trump said, adding that “they need a little bit of time, so I’m talking about things like that.” The FTSE 100 (^FTSE) rose 0.7% in early trade. B&Q parent company Kingfisher (KGF.L) was among the top risers, up about 2.7% following the announcement of a share repurchase programme. The moves higher come following a jobs report that showed UK pay growth remains high. Germany's DAX (^GDAXI) rose 1% ahead of the ZEW economic sentiment reading. The CAC 40 (^FCHI) in Paris fell 0.4%, dragged lower by luxury brands LVMH (MC.PA) and Kering (KER.PA). LVMH reported falling sales on Tuesday, as shoppers cut back on luxury goods. On Tuesday investors will be watching corporate earnings. Bank of America (BAC), Citi (C), Johnson & Johnson (JNJ), and PNC (PNC) are set to report their results before the bell in the US. FTSE Index - Delayed Quote•USD (^FTSE) Follow View Quote Details 8,193.03 - +(0.72%) As of 9:00:31 AM GMT+1. Market Open. ^FTSE^GDAXI ^FCHI Advanced ChartLIVE7 updates 45 mins ago Lucy Harley-McKeown Asian indexes buoyed by car tariff delay Asian markets rallied, with Japan leading the surge, after President Donald Trump signalled a possible halt to planned auto tariffs—easing investor nerves already soothed by the decision to delay duties on certain consumer tech products. 52 mins ago Lucy Harley-McKeown BoE likely to stick to gradual UK rate cut plan Paige Tao, economist at PwC UK, said: 59 mins ago Lucy Harley-McKeown Here's that chart CME - Delayed Quote•USD (ES=F) Follow View Quote Details 5,449.50 - +(0.16%) As of 4:05:32 AM EDT. Market Open. ES=FYM=F NQ=F Advanced Chart 1 hr ago Lucy Harley-McKeown US stock futures on edge US stock futures fell as President Trump's rapid trade policy shifts kept investors on edge ahead of the next batch of corporate earnings. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) slumped 0.1%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.2%. On Monday, US stocks rose on the heels of a remarkably volatile week for markets following news the Trump administration would treat tariffs on key electronics separately from duties on specific countries and would impose them at a later date. The president also floated possible tariff exemptions for car companies, sending auto stocks soaring. But any clarity emerging on Trump's trade continued to remain elusive as the president simultaneously pushed forward with plans to place tariffs on pharmaceutical and semiconductor imports. Today at 7:14 AM UTC Lucy Harley-McKeown More Trump tariff concessions? Auto stocks jumped on Monday afternoon after President Trump hinted tariff relief might be coming. “I’m looking at something to help some of the car companies, where they’re switching to parts that were made in Canada, Mexico, and other places, and they need a little bit of time because they’re going to make them here,” Trump said, adding that “they need a little bit of time, so I’m talking about things like that.” Trump didn’t say whether relief was coming for the 25% tariffs already in place for foreign auto imports or the 25% auto parts tariffs that will be finalized by May 3. Even auto imports covered by the USMCA between the US, Mexico, and Canada are subject to tariffs, but parts originating from the US can be backed out of the tariff calculation. Shares of Big Three automakers General Motors (GM), Stellantis (STLA), and Ford (F) all popped over 3% Monday. Recently, automakers have been scrambling to respond to the daily drip of tariff escalations that began once Trump started his tariff war in earnest following his April 2 "Liberation Day" event. Read more on Yahoo Finance Today at 7:11 AM UTC Lucy Harley-McKeown UK pay growth remains high as jobs market softens Vicky McKeever writes: UK pay continued to grow much faster than inflation in the three months to February, though the jobs market showed signs of slowing down. The average regular earnings excluding bonuses rose 5.9% in the period on an annual basis, according to data from the Office for National Statistics (ONS), easily outstripping inflation, which came in at 2.8% in February. Annual growth in real terms — adjusted for inflation — was down slightly, at 2.1%, from the previous year, compared with 2.2% for the 12 months to January. There were 781,000 job vacancies between January and March, according to estimates from the ONS, which was down 26,000 on the previous three months. It was the first time since the period between March and May of 2021 that there have been less openings than there were before the pandemic. Early estimates showed that the number of payrolled employees fell by 78,000 in March, following a fall of 8,000 in February. Read more on Yahoo Finance UK Today at 7:10 AM UTC Lucy Harley-McKeown Good morning! Hello from London. Lucy Harley-McKeown here, with the latest news about markets and the economy. This morning we've already had all-important UK jobs and wage data. Later we'll be looking to Germany's ZEW economic survey and earnings from Johnson & Johnson (JNJ), Bank of America (BAC), Citigroup and United Airlines (UAL). Let's get to it. View Comments |
||
| 12.04.25 07:49:49 | There May Be Some Bright Spots In Kingfisher's (LON:KGF) Earnings |  |
| Investors were disappointed with the weak earnings posted by Kingfisher plc (LON:KGF ). Despite the soft profit numbers, our analysis has optimistic about the overall quality of the income statement. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.LSE:KGF Earnings and Revenue History April 12th 2025 Examining Cashflow Against Kingfisher's Earnings Many investors haven't heard of the accrual ratio from cashflow, but it is actually a useful measure of how well a company's profit is backed up by free cash flow (FCF) during a given period. To get the accrual ratio we first subtract FCF from profit for a period, and then divide that number by the average operating assets for the period. This ratio tells us how much of a company's profit is not backed by free cashflow. As a result, a negative accrual ratio is a positive for the company, and a positive accrual ratio is a negative. While having an accrual ratio above zero is of little concern, we do think it's worth noting when a company has a relatively high accrual ratio. That's because some academic studies have suggested that high accruals ratios tend to lead to lower profit or less profit growth. Kingfisher has an accrual ratio of -0.13 for the year to January 2025. That implies it has good cash conversion, and implies that its free cash flow solidly exceeded its profit last year. Indeed, in the last twelve months it reported free cash flow of UK£985m, well over the UK£185.0m it reported in profit. Kingfisher shareholders are no doubt pleased that free cash flow improved over the last twelve months. Having said that, there is more to the story. The accrual ratio is reflecting the impact of unusual items on statutory profit, at least in part. Check out our latest analysis for Kingfisher That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. The Impact Of Unusual Items On Profit Kingfisher's profit was reduced by unusual items worth UK£223m in the last twelve months, and this helped it produce high cash conversion, as reflected by its unusual items. In a scenario where those unusual items included non-cash charges, we'd expect to see a strong accrual ratio, which is exactly what has happened in this case. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If Kingfisher doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. Story Continues Our Take On Kingfisher's Profit Performance Considering both Kingfisher's accrual ratio and its unusual items, we think its statutory earnings are unlikely to exaggerate the company's underlying earnings power. Looking at all these factors, we'd say that Kingfisher's underlying earnings power is at least as good as the statutory numbers would make it seem. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Case in point: We've spotted 3 warning signs for Kingfisher you should be aware of. After our examination into the nature of Kingfisher's profit, we've come away optimistic for the company. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
||
| 11.04.25 05:15:20 | Kingfisher's (LON:KGF) Dividend Will Be £0.086 | |
| The board of Kingfisher plc (LON:KGF) has announced that it will pay a dividend of £0.086 per share on the 30th of June. The dividend yield will be 5.0% based on this payment which is still above the industry average. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Kingfisher's Projected Earnings Seem Likely To Cover Future Distributions Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Before making this announcement, Kingfisher's dividend was higher than its profits, but the free cash flows quite comfortably covered it. Healthy cash flows are always a positive sign, especially when they quite easily cover the dividend. Looking forward, earnings per share is forecast to rise exponentially over the next year. Assuming the dividend continues along recent trends, we estimate that the payout ratio could reach 40%, which is in a comfortable range for us.LSE:KGF Historic Dividend April 11th 2025 View our latest analysis for Kingfisher Dividend Volatility The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the annual payment back then was £0.099, compared to the most recent full-year payment of £0.124. This means that it has been growing its distributions at 2.3% per annum over that time. The dividend has seen some fluctuations in the past, so even though the dividend was raised this year, we should remember that it has been cut in the past. Dividend Growth Could Be Constrained Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. Kingfisher has impressed us by growing EPS at 94% per year over the past five years. EPS has been growing well, but Kingfisher has been paying out a massive proportion of its earnings, which can make the dividend tough to maintain. Our Thoughts On Kingfisher's Dividend Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. The company is generating plenty of cash, which could maintain the dividend for a while, but the track record hasn't been great. Overall, we don't think this company has the makings of a good income stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For instance, we've picked out 3 warning signs for Kingfisher that investors should take into consideration. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
||
| 03.04.25 13:40:11 | Is Compagnie Financiere Richemont (CFRUY) Stock Outpacing Its Retail-Wholesale Peers This Year? | |
| 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 Zacks Sector Rank of #12. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Compagnie Financiere Richemont AG is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for CFRUY's full-year earnings has moved 3.3% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the latest available data, CFRUY has gained about 15.6% so far this year. Meanwhile, stocks in the Retail-Wholesale group have lost about 1.5% on average. This means that Compagnie Financiere Richemont AG is performing better than its sector in terms of year-to-date returns. Kingfisher PLC (KGFHY) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 9.8%. In Kingfisher PLC's case, the consensus EPS estimate for the current year increased 1.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Compagnie Financiere Richemont AG belongs to the Retail - Jewelry industry, a group that includes 6 individual stocks and currently sits at #52 in the Zacks Industry Rank. On average, this group has lost an average of 23.7% so far this year, meaning that CFRUY is performing better in terms of year-to-date returns. In contrast, Kingfisher PLC falls under the Retail - Miscellaneous industry. Currently, this industry has 17 stocks and is ranked #87. Since the beginning of the year, the industry has moved -7.6%. Compagnie Financiere Richemont AG and Kingfisher PLC could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks. Story Continues Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Compagnie Financiere Richemont AG (CFRUY) : Free Stock Analysis Report Kingfisher PLC (KGFHY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments |
||
| 28.03.25 05:12:24 | Kingfisher (LON:KGF) Has Announced A Dividend Of £0.086 | |
| Kingfisher plc (LON:KGF) has announced that it will pay a dividend of £0.086 per share on the 30th of June. Based on this payment, the dividend yield on the company's stock will be 6.5%, which is an attractive boost to shareholder returns. Kingfisher's Projected Earnings Seem Likely To Cover Future Distributions If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, the company was paying out 161% of what it was earning, however the dividend was quite comfortably covered by free cash flows at a cash payout ratio of only 29%. Given that the dividend is a cash outflow, we think that cash is more important than accounting measures of profit when assessing the dividend, so this is a mitigating factor. Analysts expect a massive rise in earnings per share in the next year. Assuming the dividend continues along recent trends, we estimate that the payout ratio could reach 39%, which is in a comfortable range for us.LSE:KGF Historic Dividend March 28th 2025 See our latest analysis for Kingfisher Dividend Volatility Although the company has a long dividend history, it has been cut at least once in the last 10 years. Since 2015, the annual payment back then was £0.099, compared to the most recent full-year payment of £0.162. This means that it has been growing its distributions at 5.0% per annum over that time. A reasonable rate of dividend growth is good to see, but we're wary that the dividend history is not as solid as we'd like, having been cut at least once. Dividend Growth Could Be Constrained With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Kingfisher has impressed us by growing EPS at 94% per year over the past five years. Strong earnings is nice to see, but unless this can be sustained on minimal reinvestment of profits, we would question whether dividends will follow suit. Our Thoughts On Kingfisher's Dividend Overall, we don't think this company makes a great dividend stock, even though the dividend wasn't cut this year. In the past, the payments have been unstable, but over the short term the dividend could be reliable, with the company generating enough cash to cover it. We would be a touch cautious of relying on this stock primarily for the dividend income. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. As an example, we've identified 3 warning signs for Kingfisher that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
||
| 26.03.25 12:39:44 | Kingfisher Full Year 2025 Earnings: EPS Misses Expectations | |
| Kingfisher (LON:KGF) Full Year 2025 Results Key Financial Results Revenue: UK£12.8b (down 1.5% from FY 2024). Net income: UK£185.0m (down 46% from FY 2024). Profit margin: 1.4% (down from 2.7% in FY 2024). EPS: UK£0.10 (down from UK£0.18 in FY 2024).LSE:KGF Earnings and Revenue Growth March 26th 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period Kingfisher EPS Misses Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 52%. Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Specialty Retail industry in the United Kingdom. Performance of the British Specialty Retail industry. The company's shares are down 9.5% from a week ago. Risk Analysis We should say that we've discovered 2 warning signs for Kingfisher that you should be aware of before investing here. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
||
| 26.03.25 07:00:33 | Kingfisher PLC (KGFHF) Full Year 2025 Earnings Call Highlights: Strategic Gains Amidst Market ... | |
| Total Sales: 0.8% lower in constant currency, with like-for-like sales declining 1.7%. Gross Margin: 37.3%, up 50 basis points versus the previous year. Adjusted Profit Before Tax: GBP528 million, a decrease of 7% versus the previous year. Statutory Profit Before Tax: GBP307 million, reflecting noncash impairments. Free Cash Flow: GBP511 million, supported by inventory reductions. Net Debt: Just over GBP2 billion, with net leverage at 1.6 times EBITDA. Shareholder Returns: GBP453 million returned via dividends and share buybacks, up 14% year-on-year. Full-Year Dividend: Proposed at 12.4p, in line with last year. New Share Buyback Program: GBP300 million announced. UK and Ireland Sales: GBP6.5 billion, up 1.2% with like-for-like sales up 0.2%. France Sales: GBP3.9 billion, like-for-like decline of 6.2%. Poland Sales: GBP1.8 billion, up 3.2% with like-for-like sales marginally down by 0.1%. Operating Costs: UK and Ireland costs increased by 2.1%; France costs decreased by 1.6%. Retail Profit Margin: UK and Ireland at 8.6%; France at 2.4%; Poland at 5.1%. Inventory Reduction: Same-store inventory reduced by GBP107 million. Trade Sales Penetration: Increased by 4.9 points to 17.9%. E-commerce Sales Penetration: Now at 19%, up from 8% in 2019. Warning! GuruFocus has detected 5 Warning Signs with KGFHF. Release Date: March 25, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Kingfisher PLC (KGFHF) achieved market share gains in key regions including the UK, Ireland, France, and Poland, driven by strategic initiatives and strong execution. The company saw significant growth in trade and e-commerce, with trade sales penetration increasing by 4.9 points and e-commerce sales penetration reaching 19%. Kingfisher PLC (KGFHF) maintained strong financial discipline, delivering adjusted profit before tax and free cash flow in line with or ahead of initial guidance. The company successfully reduced same-store inventory by GBP107 million and achieved GBP120 million in structural cost reductions. A new GBP300 million share buyback program was announced, reflecting confidence in future cash generation and strong free cash flow. Negative Points Total sales for the group in constant currency were 0.8% lower, with like-for-like sales declining 1.7%. Adjusted profit before tax decreased by 7% to GBP528 million, and group statutory profit before tax was GBP307 million due to noncash impairments. The French market experienced a like-for-like sales decline of 6.2% amidst a weak home improvement market, impacting overall performance. Big-ticket category sales, including kitchens and bathrooms, were 4.5% lower for the year, reflecting broader market weakness. The Turkish joint venture, Kocta?, contributed an overall loss of GBP15 million due to a highly volatile macroeconomic and trading environment. Story Continues Q & A Highlights Q: Can you talk about the cash generation or the cash consumption of Screwfix France? Why are you only opening five stores in the year ahead? A: Thierry Garnier, CEO, explained that the focus is on store sales like-for-like growth and ensuring each store's maturation aligns with expectations. Expansion is not the primary focus, and the limited CapEx is not a constraint. The plan is to open five stores in 2025, focusing on ensuring the existing stores perform well. Q: Is the target for Screwfix city stores in addition to the existing target for Screwfix store openings? What is the strategy for compact stores? A: Thierry Garnier, CEO, confirmed that the Screwfix city stores are in addition to the existing target of 1,000 stores. Compact stores are seen as critical for the future, with validated formats like Screwfix city and B&Q's 2,000-square-meter retail park format. Other formats are still being fine-tuned. Q: Could you give more detail on the logistics reduction and the potential to do more? How should we think about the potential to reduce stock going forward? A: Thierry Garnier, CEO, and Bhavesh Mistry, CFO, discussed the reduction of logistics space and inventory. They have implemented new forecasting tools and reduced logistics space significantly, with plans for further reductions. Inventory management improvements are ongoing, with potential for further reductions. Q: Why is now the right time to be gearing up the balance sheet given the cautious outlook? What is included in the GBP145 million of costs and mitigations? A: Bhavesh Mistry, CFO, clarified that they are not gearing up the balance sheet, maintaining a strong position with a net debt to EBITDA ratio of 1.6 times. The GBP145 million includes cost and gross margin mitigations, with better-than-expected negotiations with suppliers and structural cost actions. Q: What are you expecting from the Homebase impacts on B&Q sales? How is CapEx being allocated in France? A: Thierry Garnier, CEO, noted early positive impacts on B&Q sales from Homebase changes, though it's too early for specific numbers. Bhavesh Mistry, CFO, stated that CapEx in France is within their 3% envelope, focusing on rightsizing and modernizing the estate without significant additional expenditure. Q: Can you provide more color on consumer behavior in Poland and the overall macro backdrop? A: Thierry Garnier, CEO, mentioned an improvement in consumer confidence in Poland, driven by real wage growth and decreasing inflation. However, short-term volatility and geopolitical concerns remain, with a more positive outlook expected in the medium term. Q: What are the gross margin opportunities over the next few years? A: Bhavesh Mistry, CFO, highlighted several initiatives, including buying for growth, marketplace expansion, and retail media, which are expected to drive margin improvements. These initiatives are already underway and are expected to contribute positively to margins in the coming years. Q: Are there any product categories where you see opportunities to increase sales densities? A: Thierry Garnier, CEO, identified trade as the biggest opportunity for increasing sales densities, learning from peers like Home Depot and Lowe's. Other categories like cleaning products also present opportunities, but trade remains the primary focus. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. View Comments |
||
| 24.03.25 06:01:35 | UK Dividend Stocks Spotlighting Livermore Investments Group And Two More | |
| The United Kingdom's stock market has recently faced challenges, with the FTSE 100 index experiencing declines due to weak trade data from China and its impact on companies heavily reliant on Chinese demand. Amid these market fluctuations, dividend stocks can offer a measure of stability and income potential for investors seeking resilience in uncertain times. Top 10 Dividend Stocks In The United Kingdom Name Dividend Yield Dividend Rating WPP (LSE:WPP) 6.28% ★★★★★★ Man Group (LSE:EMG) 6.41% ★★★★★☆ Keller Group (LSE:KLR) 3.63% ★★★★★☆ 4imprint Group (LSE:FOUR) 4.90% ★★★★★☆ Grafton Group (LSE:GFTU) 4.26% ★★★★★☆ DCC (LSE:DCC) 3.84% ★★★★★☆ Big Yellow Group (LSE:BYG) 4.89% ★★★★★☆ NWF Group (AIM:NWF) 4.78% ★★★★★☆ OSB Group (LSE:OSB) 7.33% ★★★★★☆ James Latham (AIM:LTHM) 7.55% ★★★★★☆ Click here to see the full list of 59 stocks from our Top UK Dividend Stocks screener. Let's review some notable picks from our screened stocks. Livermore Investments Group Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Livermore Investments Group Limited is a publicly owned investment manager with a market cap of £117.40 million. Operations: Livermore Investments Group Limited generates revenue from its Equity and Debt Instruments Investment Activities segment, which amounts to $23.75 million. Dividend Yield: 4.6% Livermore Investments Group's dividend payments have been volatile over the past decade, with a yield of 4.61% falling short of the UK's top quartile payers. Despite this, dividends are well covered by earnings and cash flows, with payout ratios at 25.3% and 33%, respectively. The company's earnings surged significantly last year, indicating potential financial strength. Recent board changes saw Ron Baron transition to a non-executive role, which may influence strategic decisions moving forward. Unlock comprehensive insights into our analysis of Livermore Investments Group stock in this dividend report. The analysis detailed in our Livermore Investments Group valuation report hints at an inflated share price compared to its estimated value.AIM:LIV Dividend History as at Mar 2025 Halyk Bank of Kazakhstan Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Halyk Bank of Kazakhstan Joint Stock Company, along with its subsidiaries, offers corporate and retail banking services mainly in Kazakhstan, Kyrgyzstan, Georgia, and Uzbekistan, with a market cap of $5.79 billion. Operations: Halyk Bank of Kazakhstan generates revenue from several key segments, including Corporate Banking (KZT 483.28 billion), Investment Banking (KZT 272.50 billion), Retail Banking (KZT 153.85 billion), and Small and Medium Enterprises (SME) Banking (KZT 152.10 billion). Story Continues Dividend Yield: 3.6% Halyk Bank's dividend yield of 3.57% is below the UK top quartile, and its dividend history has been unstable over the past decade. Despite this volatility, dividends are currently well covered by earnings with a payout ratio of 35%, projected to remain sustainable at 48.4% in three years. The bank faces challenges with high non-performing loans (6.9%) and inadequate allowances (76%). Recent management changes could impact strategic focus on security and IT improvements. Click here and access our complete dividend analysis report to understand the dynamics of Halyk Bank of Kazakhstan. Upon reviewing our latest valuation report, Halyk Bank of Kazakhstan's share price might be too pessimistic.LSE:HSBK Dividend History as at Mar 2025 Kingfisher Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Kingfisher plc, with a market cap of £4.88 billion, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally through its subsidiaries. Operations: Kingfisher plc generates its revenue of £12.86 billion from the supply of home improvement products and services. Dividend Yield: 4.5% Kingfisher's dividend payments are well covered by both earnings (payout ratio of 67%) and cash flows (cash payout ratio of 20.9%), though its dividend history has been volatile over the past decade. Trading at a significant discount to its estimated fair value, Kingfisher presents good relative value compared to peers. Recent strategic moves include completing a £300 million share buyback program and appointing new board members, which may influence future governance and strategy. Take a closer look at Kingfisher's potential here in our dividend report. Our comprehensive valuation report raises the possibility that Kingfisher is priced lower than what may be justified by its financials.LSE:KGF Dividend History as at Mar 2025 Where To Now? Dive into all 59 of the Top UK Dividend Stocks we have identified here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Ready To Venture Into Other Investment Styles? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:LIV LSE:HSBK and LSE:KGF. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com View Comments |
||
| 12.03.25 13:40:10 | Is Group 1 Automotive (GPI) Stock Outpacing Its Retail-Wholesale Peers This Year? | |
| The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Group 1 Automotive (GPI) 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. Group 1 Automotive is one of 214 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Group 1 Automotive is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for GPI's full-year earnings has moved 2.6% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Based on the most recent data, GPI has returned 2.8% so far this year. At the same time, Retail-Wholesale stocks have lost an average of 2.8%. This means that Group 1 Automotive is performing better than its sector in terms of year-to-date returns. Kingfisher PLC (KGFHY) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 10.2%. The consensus estimate for Kingfisher PLC's current year EPS has increased 2.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, Group 1 Automotive is a member of the Automotive - Retail and Whole Sales industry, which includes 9 individual companies and currently sits at #35 in the Zacks Industry Rank. Stocks in this group have lost about 2.5% so far this year, so GPI is performing better this group in terms of year-to-date returns. On the other hand, Kingfisher PLC belongs to the Retail - Miscellaneous industry. This 19-stock industry is currently ranked #60. The industry has moved -12.1% year to date. Group 1 Automotive and Kingfisher PLC could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Story Continues Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report Kingfisher PLC (KGFHY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments |
||
