tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Wickes Group Sees Strong H1 2025 Sales Growth and Plans Expansion

Story Highlights
Wickes Group Sees Strong H1 2025 Sales Growth and Plans Expansion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Wickes Group ( (GB:WIX) ) has shared an announcement.

Wickes Group reported strong sales growth in the first half of 2025, with a 5.6% increase in overall revenue. Retail sales rose by 6.8%, driven by strong customer demand in timber, garden maintenance, and decorating, while Design & Installation returned to positive sales growth in Q2. The company plans to open 5-7 new stores and enhance technology investments to support future growth, despite facing cost pressures in the retail sector.

The most recent analyst rating on (GB:WIX) stock is a Buy with a £2.40 price target. To see the full list of analyst forecasts on Wickes Group stock, see the GB:WIX Stock Forecast page.

Spark’s Take on GB:WIX Stock

According to Spark, TipRanks’ AI Analyst, GB:WIX is a Neutral.

The overall score reflects Wickes Group’s stable financial performance and strong cash flow, moderated by high leverage and valuation concerns. Positive corporate actions through share buybacks enhance shareholder value and support the stock’s outlook.

To see Spark’s full report on GB:WIX stock, click here.

More about Wickes Group

Wickes is a digitally-led, service-enabled home improvement retailer in the UK, focusing on TradePro, DIY, and Design & Installation. It operates 229 stores and offers digital channels for product research, ordering, and consultations.

Average Trading Volume: 965,723

Technical Sentiment Signal: Buy

Current Market Cap: £515.1M

For a thorough assessment of WIX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1