Finance

UK's Wickes sales jump 7% as design and installation business rebounds

Published by Global Banking & Finance Review

Posted on July 24, 2025

1 min read

· Last updated: January 22, 2026

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(Reuters) -British home improvement retailer Wickes on Thursday reported a 6.9% rise in second-quarter like-for-like sales that outpaced the previous quarter, as its design and installation business

Wickes Reports 6.9% Sales Growth as Design and Installation Services Recover

Wickes Sales Performance Overview

(Reuters) -British home improvement retailer Wickes on Thursday reported a 6.9% rise in second-quarter like-for-like sales that outpaced the previous quarter, as its design and installation business returned to growth and retail revenues grew.

Quarterly Sales Growth

The company said it was comfortable with consensus expectations for annual adjusted pre-tax profit of 46.7 million pounds to 51.5 million pounds ($63.4 million-$69.9 million), despite significant cost headwinds across the retail sector.

Profit Expectations and Cost Pressures

($1 = 0.7371 pounds)

(Reporting by Shashwat Awasthi in Bengaluru; Editing by Nivedita Bhattacharjee)

Key Takeaways

  • Wickes reports a 6.9% increase in Q2 sales.
  • Design and installation services return to growth.
  • Retail revenues show significant improvement.
  • Annual pre-tax profit expected to meet consensus.
  • Company faces cost pressures in the retail sector.

Frequently Asked Questions

What is like-for-like sales?
Like-for-like sales refer to the revenue generated by stores that have been open for a year or more, allowing for a comparison of sales performance over time.
What is adjusted pre-tax profit?
Adjusted pre-tax profit is a company's earnings before tax, adjusted for one-time expenses or income, providing a clearer view of ongoing profitability.
What are retail revenues?
Retail revenues are the total income generated from the sale of goods or services in a retail environment, excluding returns and discounts.

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