Kingfisher thrives in lockdown

A DIY craze is afoot. Kingfisher (KGF) shares gathered pace over the summer as sales surged during lockdown, with the internet sustaining the B&Q owner’s momentum after shops were temporarily closed. The conditions have proved fortunate for Kingfisher, which before the pandemic had already set about stripping back and modernising under the guidance of chief executive Thierry Garnier.