What's Happening?
Wickes Group, a DIY and home improvement chain, has reported robust sales growth for the third quarter of 2025. The company saw a 6.9% increase in group revenue year-on-year, driven by volume-led growth across
its retail and design & installation divisions. Retail sales rose by 6.7%, while design & installation revenue increased by 7.8%. Wickes attributed its success to strong customer demand across all fulfillment channels, including its enhanced Click & Collect service and the launch of Wickes Rapid for same-day deliveries. The TradePro program also contributed to growth, with an 8% increase in sales and membership reaching 632,000 active members. CEO David Wood expressed confidence in the company's ongoing performance and investment strategy.
Why It's Important?
The strong performance of Wickes highlights the resilience of the home improvement sector amid broader economic challenges. The company's ability to increase market share and maintain growth through strategic initiatives like faster delivery services and targeted programs for trade professionals demonstrates effective adaptation to consumer needs. This growth not only benefits Wickes but also signals potential positive trends for the DIY industry, which could see increased investment and expansion. The success of Wickes' design & installation division suggests a growing consumer interest in home renovation projects, which could have ripple effects on related industries such as construction and real estate.
What's Next?
Wickes plans to continue its strategic growth by opening new stores and completing additional store refurbishments. The company is set to issue its Q4 trading update in late January 2026, which will provide further insights into its performance and future outlook. As Wickes continues to invest in its services and infrastructure, it may face challenges from competitors seeking to capture market share. The company's focus on customer satisfaction and operational efficiency will be crucial in maintaining its growth trajectory.
