Wickes reports “strong” start to 2025 sales

Home improvement retailer Wickes has reported a 6.9% increase in group revenue £533.1m, led by “strong” volume growth in Retail.

13 May, 25

Home improvement retailer Wickes has reported a 6.9% increase in group revenue £533.1m, led by “strong” volume growth in Retail.

Wickes plans to axe 200 kitchen and bathroom advisors

According to the company, in the first 17 weeks to April 26, Retail revenue grew by 9.6% to £396.7million.

It highlighted performance in building, garden and decorating categories, and reported its TradePro sales were up 13% year-on-year, with a 14% increase of trade professional members.

Sponsored Video

During the same period, it reported Design & Installation sales had reported a consecutive quarter of ordered sales growth, to deliver broadly flat year-on-year sales.

In its Spring Trading Results, Wickes reported Design & Installation revenue was down 0.4%, with sales of £136.4million.

As part of its plan to open 5-7 new stories in 2025, the company is converting four former Homebase stores.

In addition, it has refitted three further stores in the period and around 80% of the store estate is now in the new format.

Wickes also said it also plans to step up the level of investment in technology in 2025, to enhance the customer experience, support productivity initiatives and position it for profitable growth in the next few years.

Chief executive of Wickes David Wood commented: “This has been a strong start to the new financial year, with the further increase in sales driven exclusively by volume growth, as more customers shop with us.

“Within Retail, we have gone from strength to strength. We have taken further market share

and seen a very good market outperformance in timber, hardware, decor and garden.

“In Design & Installation, we are benefitting from the actions taken to enhance the Wickes offer.

“This is a segment demonstrating real momentum, with a second quarter in a row of ordered sales growth.

“While we continue to be mindful of consumer sentiment and a challenging external environment, we have a strong platform in place and we are well set to continue delivering against our strategy.”