Home improvement retailer B&Q has reported a growth in revenue as wider group sales also rose.
According to the latest Kingfisher, parent company of B&Q, full year results for the year ended 31 January 2026, total group sales rose 0.2% to £12.9bn from £12.7bn in 2025.
Adjusted pre-tax profit resulted at £560m, up 6% from £528m year-on-year, with gross margin at 38.1%, increasing from 37.3%.
Underlying like-for-like sales rose 1.4%, which was volume-led and delivered through its progress in strategic growth drivers, successful range reviews and favourable UK weather in the spring.
Within the group, B&Q trade sales rose 5.2% to £935m, while online B&Q revenues rose 21.5% to £713m. UK and Ireland sales rose 4.2% to £6.7bn.
On B&Q, the group said: “Big-ticket +6.2% driven by the successful introduction of new kitchen ranges, supported by strong growth in Installations +22%. Seasonal +6.5%, driven by strong performance of outdoor categories in Q1, helped by favourable weather and successful capture of Homebase transference.”
During the year, B&Q launched 15‑minute Click & Collect for 1P orders and completed the rollout of the UK’s first marketplace Click & Collect service across 300 stores.
The retailer opened 10 stores, while closing three, resulting in 317 stores at the year end, up from 310. This included successfully converting eight former Homebase stores within three months of acquisition.
Looking ahead, the group expects the next financial year to achieve an adjusted pre-tax profit of between £565m-£625m.
Thierry Garnier, Chief Executive Officer, commented: “We have continued to execute our strategy at pace and delivered good margin and cost discipline. This resulted in significant market share gains, profit growth of +13% when excluding last year’s business rates one-off and strong free cash flow.
“Our UK banners led the way, with sales +4% at B&Q and +4.5% at Screwfix. This reflects the growth of our digital ecosystem, increased share of wallet from trade customers and the opening of 34 new stores.
“We are making rapid progress against our strategic priorities across our banners. Screwfix already derives c.75% of sales from trade customers and c.60% from e-commerce. Elsewhere, trade sales increased +23% as we expanded ranges, enhanced services, and deepened relationships with trade professionals, while e‑commerce grew +20%, powered by the successful scale‑up of our marketplaces. E-commerce now represents one fifth of total Group sales.
“With a mixed consumer environment across our markets, we continue to focus on delivering our strategic priorities, maintaining cost discipline and driving shareholder returns. This positions us well to capitalise on the attractive long-term structural growth opportunities within our markets.”
