Kingfisher reported a 0.9% like-for-like sales decline to £3.30 billion ($4.46 billion) in the first quarter, missing market expectations. The home-improvement retailer faced challenges as unusually late spring weather reduced footfall across its stores. Performance varied significantly by region and business segment.

The Screwfix tools brand bucked the trend with 4.1% like-for-like sales growth, reaching £712 million. Meanwhile, the Iberia business expanded 6.6% to £109 million. However, these gains weren't enough to offset declines in France (down 2.1%) and Poland (down 0.2%), which dragged down overall European performance.

The mixed results highlight Kingfisher's vulnerability to seasonal weather patterns despite strong execution in specialized segments. Investors will watch whether the company can recover as seasonal spending normalizes. The £3.30 billion quarterly revenue represents a challenging baseline for comparison against next year's results.