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Wickes expands UK stores to 300, adds 2,000 jobs, boosts profits, and buys back shares.
DIY retailer Wickes plans to expand its UK store network to 300 locations, creating over 2,000 jobs, by opening four to five new stores in 2026 and at least 10 annually from 2028, alongside refreshing 15 to 20 stores this year and more each year after.
The growth follows strong financial results, with underlying pre-tax profits rising 14.4% to £49.9 million and statutory profits more than doubling to £48.7 million for the year ending December 27, driven by a 5.9% sales increase despite rising costs.
Fourth-quarter comparable sales growth slowed to 4.7%, affected by wet weather, though indoor project sales and design services held steady.
Wickes remains on track for underlying pre-tax profits of £57.6 million in 2026 and announced a £10 million share buyback, with shares rising 4%.
Wickes expande las tiendas del Reino Unido a 300, añade 2.000 puestos de trabajo, aumenta las ganancias y compra acciones.