Finance
UK's Wickes sales jump 7% as design and installation business rebounds
Published by Global Banking and Finance Review
Posted on July 24, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on July 24, 2025
1 min readLast updated: January 22, 2026
Wickes reports a 6.9% rise in Q2 sales, driven by a rebound in design and installation services, with retail revenues growing despite cost challenges.
(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.
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.
($1 = 0.7371 pounds)
(Reporting by Shashwat Awasthi in Bengaluru; Editing by Nivedita Bhattacharjee)
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.
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.
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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