Wickes profits slip as cautious consumer spending hits FY24 performance

Wickes is targeting a “significant opportunity for long-term growth” after delivering “strong market outperformance in FY24” despite a challenging trading environment.
The home improvement retailer reported a 1.8% increase in total group sales to £738.9m in the 26 weeks to 28 December, with retail sales up 3% to £579.1m, driven by strong demand for interior paint, decorative accessories, and garden projects.
Like-for-like sales in its design & installation