Wickes Group (GB:WIX) has released an update.
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Wickes Group PLC reported a strong third quarter for 2024, with Retail sales rising by 4.2% and overall group revenue seeing a 2.1% increase despite challenging market conditions. The company’s TradePro sector showed significant growth with a 16% increase in sales, highlighting the continued preference of local trade professionals for Wickes’ cost-effective offerings. Meanwhile, the Design & Installation division is showing signs of stabilization, with a slower decline in sales, positioning Wickes well for future growth.
For further insights into GB:WIX stock, check out TipRanks’ Stock Analysis page.
