Wickes on track to meet FY forecasts as retail growth powers strong Q3

20th Oct 2026 07:06

(Sharecast News) - Wickes shares outperformed a weaker UK market on Tuesday as the DIY and building trade supplier reported a 4% rise in third-quarter revenues driven by strong growth in retail trading, although it said there some prices were rising slightly.

Revenue for the three months to September 26 came in at £439m with retail sales up 6% to £331m. The company still expects adjusted pre-tax earnings of £52.8m-£56.0m according to its own compiled consensus of analysts' forecasts. Shares in the company were up more than 4% in early London trade.

"Customer growth continues to drive strong overall volume increases, with mild price inflation starting to come through after a sustained period of deflation," Wickes said in a trading update.

"Further market outperformance has led to continued market share growth, with notable strength in timber, flooring, roofing and garden."

Reporting by Frank Prenesti for Sharecast.com