Travis Perkins sales decline despite ‘strong recovery’ of retail arm
Wickes owner Travis Perkins has posted a fall in total sales across its third quarter, but its performance was boosted by resilient sales across its DIY retail divisions.
Travis Perkins reported a 3.4% fall in total sales in the quarter to September 30, although like-for-like sales increased 3.9% during the period.
The group’s retail division recorded a 17% boost in total sales during the period, up 18% in like-for-like terms driven by “strong sales in DIY categories in Wickes and Toolstation”.
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