Wickes retail sales grow against a ‘challenging background’ even as the group struggles

Wickes Milton Keynes

Source: Wickes

Wickes has reported continued sales and volume growth across its core retail business, even as group sales and like-for-likes slipped against a ‘challenging background’.

For the six months ending June 29, 2024 Wickes reported a 1% growth in retail revenue to £633.2m and a 0.6% increase in like-for-like revenue growth. By comparison, revenues in its design and installation business plummeted 17% to £166.7m, while like-for-likes plunged 18.3%.

 

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