Kingfisher sales shrink in wet weather but 'on track' for full year

B&Q and Screwfix owner Kingfisher PLC (LSE:KGF) saw sales shrink in the first quarter compared to last year but said it remains on track to meet full-year guidance. The DIY retailer, which also owns Castorama and Brico Dépôt in France, reported underlying like-for-like sales down 0.7% in the three months to 30 April, while total sales rose 1.4% to £3.3 billion.