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Wickes set to expand to 300 stores nationwide
Wickes aims to open 70 new stores by 2028, creating over 2,000 jobs, supported by a 14.4% rise in pre-tax profits and strong store refit returns.
- Wickes accelerated its store rollout to expand to 300 stores nationwide, creating over 2,000 new jobs across the UK.
- Wickes reported underlying pre-tax profits rose 14.4% to £49.9 million for the year to December 27, while a £10 million share buyback programme was announced.
- Wickes currently operates a 230-strong estate and plans to open four to five stores this year while rolling out a 15 to 20 site refresh programme.
- Shares lifted 4% in Tuesday morning trading as Wickes said it remains on track for underlying pre-tax profits to rise to 57.6 million in 2026, with wet weather hitting outdoor DIY demand but sales rising for indoor projects and design and installation business.
- Having opened five stores last year, four converted from Homebase, the group said continued investment in proven growth levers positions it well for 2026 amid uncertainty.
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Total News Sources16
Leaning Left3Leaning Right2Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 30%
C 50%
R 20%
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