Wickes revenue rises 2.1% to £865m in first half
Wickes has posted an uplift in first half revenue and profit after a further period of “strong volume-led performance”.
In the six months to 27 June, the company’s total revenue increased by 2.1% to £865.3 million, as volume growth drove higher retail sales, which rose to £639.8 million from £634.4 million a year earlier. Wickes attributed the performance to a focus on what matters to customers, including “the certainty of value, convenience and speed”.
Revenue in its design and installation business climbed by 5.7% to £225.5 million as customers continued to react well to enhancements made to Wickes’ kitchen and bathroom proposition. However, orders for bespoke kitchens declined slightly, due to customers being more considered when making larger purchases.
Subscribe to TRBThere was also growth in Wickes’ TradePro business where sales climbed by 5%, driven by an increase in active members to 671,000.
Meanwhile, adjusted pre-tax profit edged up 1.1% to £27.6 million, as productivity actions partially mitigated cost inflation. Statutory pre-tax profit came in at £24.6 million, compared with £24.2 million in the same period in 2025.
For 2026, Wickes expects to open four to five new stores and refit or refresh 12 sites. During the first half, it refitted or refreshed stores in Luton, Baguley, Doncaster, Hanger Lane, Hertford, Newbury, Dumfries and Loughton. Wickes ended the period with 229 stores, having closed one site in Merton.
David Wood, chief executive of Wickes, said: “This has been another period of strong volume-led performance for Wickes, as more customers choose to shop with us.
“Our value-led retail proposition continues to appeal to both DIY and Trade customers, with TradePro achieving record levels of active members.”
Giving an update on more current trading, Wickes said there has been a significantly improved trend in its third quarter, with a step up in retail to mid-single-digit like-for-like revenue growth.
The company said it is on track to meet consensus expectations of around 10% growth in adjusted pre-tax profit for 2026.
Wood said: “Looking ahead, our digital investments are improving the customer experience and operational efficiencies and we remain confident in our strategy, continuing to invest for growth, including our ambition to reach 300 stores, to drive sustainable long-term value for shareholders.”
