May 19, 2013 8:52 AM ET

Specialty Retail

Company Overview of B&Q plc

Company Overview

B&Q plc operates home improvement and garden product retail stores in the United Kingdom, Ireland, and internationally. It offers garden buildings, outdoor living products, garden power tools, garden tools and equipment, garden care and watering products, outdoor play products, garden decor products, grow your own products, and pet and bird care products; and fencing, paving, and decking products. The company also provides bathrooms, kitchens, bedrooms, appliances, storage and shelving products, fires and surrounds, furniture, heating and radiators, and indoor cleaning and laundry products; lighting, soft furnishings, tiles, flooring, wall coverings, paints, decorating sundries, wallpapers a...

Detailed Description

B&Q House

Eastleigh,  SO53 3LE

United Kingdom

Founded in 1969

Phone:

44 23 8025 6256

Fax:

44 23 8025 7480

www.diy.com

Key Executives for B&Q plc

Chief Executive Officer
Age: 43
Managing Director
Director of Operations -Scotland
Compensation as of Fiscal Year 2012.

B&Q plc Key Developments

B&Q plc Reports Earnings Results for the Quarter Ended October 2012

B&Q plc reported earnings results for the quarter ended October 2012. The company made a profit of EUR 45 million in the three months to October 27, up 1.7% on the same time last year. The result was helped by cost cutting. Sales dropped 4% in the quarter.

The Valspar Corporation Announces Strategic Partnership with B&Q plc to Launch the Valspar Brand in the United Kingdom and Ireland

The Valspar Corporation announced an agreement with B&Q plc to supply a full selection of premium Valspar paint to all 350 of its locations in the United Kingdom and Ireland. Valspar will be positioned as one of B&Q's paint brands and the two companies are collaborating to create an entirely new consumer experience not seen before in the U.K. decorative paints marketplace. The partnership significantly expands Valspar's presence in the U.K. and Ireland and will bring consumers more choices for interior and exterior paints that can be custom tinted to virtually any color. Previously, B&Q's stores offered primarily ready-mix paints in a smaller assortment of colors and textures. The new retail concept will be rolled out to all 350 locations throughout 2013. Due to the timing of the up-front investment, this initiative is not expected to have a material impact on its earnings in fiscal year 2013.

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