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The latest announcement is out from Wickes Group ( (GB:WIX) ).
Wickes Group reported a positive trading update for the second half of 2024, with a 3.0% year-on-year increase in Retail revenue, while Design & Installation saw improved performance despite challenging conditions. The company’s strategic investments and market share gains have positioned it for potential future growth, with FY24 profits expected towards the higher end of forecasts, bolstered by strong cash management and an expanded TradePro membership.
More about Wickes Group
Wickes is a digitally-led, service-enabled home improvement retailer in the United Kingdom. It focuses on three key customer journeys: TradePro, DIY (Retail), and project-based Design & Installation, operating through 228 stores and digital channels for comprehensive customer service.
YTD Price Performance: 1.32%
Average Trading Volume: 498,855
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £363.2M
Learn more about WIX stock on TipRanks’ Stock Analysis page.
