Wickes
This coverage examines Wickes’ performance, strategy, and operations within the UK home improvement and DIY retail market. Reporting highlights financial results, store formats, leadership changes, product strategy, and competitive positioning. Tailored for retail managers, category buyers, and executives assessing trends in DIY, trade, and consumer demand within the home improvement sector.
-
Jan- 2022 -20 JanuaryDIY
Wickes maintains profit expectations with rise in sales
Wickes has reported its sales increased by 14% in the 13 weeks ending 25 December 2021 (Q4) compared to pre-Covid levels, despite a year-on-year fall by 5%. The group continues to report pre-tax profit expectations of £83m, with full year sales up 13.3% compared to the previous year, and up…
Read More » -
Dec- 2021 -22 DecemberDIY
Wickes appoints new retail director
Wickes has announced the appointment of Carol Campbell to the newly created role of retail director, with effect 6 January 2022. In her new role, which will oversee all of the retail operations for Wickes’ 232 stores, she will report to COO, Fraser Longden. She has worked in retail for…
Read More » -
3 DecemberDIY
Wickes ups profit guidance amid ‘strong’ Q4 sales
Wickes has increased its full-year earnings expectations after a “strong” fourth-quarter trading period, with profit expected to be no less than £83m. It revealed the firm has “benefitted” from its “balanced business model”, with sales in line with expectations. Delivered sales in Do It For Me (DIFM) are “strengthening” as…
Read More » -
Oct- 2021 -27 OctoberDIY
Wickes sees Q3 sales slow amid DIY hiatus
Wickes has revealed its total like-for-like sales fell 1.6% in the 13-week period ending 25 September 2021 as the peak DIY period begins to mellow. Despite core like-for-like sales declining by 2.3% year-on-year, the retailer said it was still supported by a “strong” performance in local trade. However, on a…
Read More » -
Aug- 2021 -5 AugustPeople Moves
Wickes appoints new technology chief
Wickes has announced that it has appointed Mohamed El Fanichi as chief information technology officer (CITO), effective from September 1. This newly created role follows the demerger of Wickes from Travis Perkins in April. El Fanichi will report directly to CEO David Wood and be a member of the Wickes…
Read More » -
Jul- 2021 -21 JulyDIY
Wickes sales surpass pre-pandemic levels in H1
Wickes has revealed that sales have once again surpassed pre-pandemic levels following a strong half-year of trading, as the group reported a two-year sales growth of 22.4% in H1. Meanwhile, like-for-like growth for the 26 weeks to 26 June 2021 rose by 33.1% year-on-year. Since reopening, ordered sales have grown…
Read More » -
Jun- 2021 -1 JuneDIY
Wickes edges up FY guidance amid strong sales
Wickes Group has anticipated that its half-year profits will reach £45m and that its full year adjusted profits will range between £55m and £74m, following “better than expected” sales growth. The news follows the retailer’s recent trading update for the 21 weeks to 22 May which saw total like for…
Read More » -
May- 2021 -24 MayDIY
Travis Perkins to sell plumbing and heating business for £325m
Travis Perkins has announced that it has agreed to sell its plumbing and heating (P&H) distribution business to an affiliate of H.I.G. Capital for a cash consideration of £325m. The transaction is expected to be completed within the next three months and falls alongside the recent demerger of Wickes, with…
Read More » -
Apr- 2021 -28 AprilDIY
Travis Perkins completes Wickes demerger
Travis Perkins has announced that it has completed the demerger of Wickes Group following an approved shareholders general meeting. Following on from the demerger, the shares of Wickes were admitted at 8.00 a.m. today (28 April 2021) to trade on the main market of the London Stock Exchange. The group…
Read More » -
16 AprilDIY
Travis Perkins Q1 sales spike 17.4%
Builders merchant and home improvement retailer Travis Perkins saw like-for-like sales increase 17.4% year-on-year for the first quarter of FY 2021. The three month period also represented an 11.8% rise in sales when compared to the first quarter of FY 2019. The firm’s merchanting, and plumbing and heating arms saw…
Read More »
