Wickes Group (LON:WIX) Announces Quarterly Earnings Results

Wickes Group (LON:WIX) posted its earnings results on Tuesday. The company reported GBX 17.40 earnings per share for the quarter, Digital Look Earnings reports. Wickes Group had a return on equity of 16.11% and a net margin of 1.40%.

Here are the key takeaways from Wickes Group’s conference call:

• Wickes delivered a strong 2025 with group sales up 5.9% and adjusted PBT rising 14.4% to £49.9m, driven by volume-led retail growth and improved design & installation (D&I) momentum.
• Management is accelerating the store rollout to a new target of 300 stores, using smaller 15–20k sq ft formats to access white‑space locations and targeting ~10+ openings per year from 2028, implying higher future growth potential.
• The company remains cash generative (year-end cash £92m, average £153m), maintained the dividend and announced a further £10m buyback but says buybacks will slow as CapEx steps up to £40–45m in 2026 and property CapEx rises in the medium term.
• D&I has materially improved after 2024 changes — five consecutive quarters of order‑book growth and three quarters of delivered sales growth mean D&I is now contributing to profitability rather than being a drag.
• Cost pressures persist — operating costs rose 6.7% with ~£17m of inflation (wage and NIC increases), productivity savings (£12.4m) didn’t fully offset this, and stepped‑up tech investment and pre‑opening losses will weigh on near‑term margins.

Wickes Group Price Performance

Shares of LON:WIX opened at GBX 224.75 on Tuesday. The firm has a market capitalization of £499.88 million, a PE ratio of 23.66, a PEG ratio of 0.79 and a beta of 0.87. The company has a current ratio of 1.09, a quick ratio of 0.58 and a debt-to-equity ratio of 552.11. Wickes Group has a 1-year low of GBX 165.60 and a 1-year high of GBX 255. The business’s 50 day moving average is GBX 233.52 and its 200-day moving average is GBX 225.08.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Citigroup upped their price target on Wickes Group from GBX 200 to GBX 227 and gave the stock a “neutral” rating in a research note on Friday, January 23rd. Shore Capital Group reaffirmed a “buy” rating on shares of Wickes Group in a research report on Thursday, January 22nd. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 250 price target on shares of Wickes Group in a report on Friday, January 23rd. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 230.50.

About Wickes Group

Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have 228 stores across the UK, employing 7,400 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.

Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £27 billion UK Home Improvement market. Over the past few years Wickes has consistently outperformed the market, growing share and delivering a CAGR growth rate double that of the market.

At Wickes, we have a clear purpose, which is to ‘help the nation feel house proud’, and we do this by focusing on our three customer segments – Local Trade, Do-it-for-me and DIY retail.