Wickes Group (LON:WIX) Announces Quarterly Earnings Results

Wickes Group (LON:WIX) announced its quarterly earnings data on Tuesday. The company reported GBX 17.40 EPS for the quarter, Digital Look Earnings reports. Wickes Group had a return on equity of 29.52% and a net margin of 2.35%.

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 WIX opened at GBX 212.60 on Thursday. The firm has a market cap of £472.85 million, a PE ratio of 22.38, a PEG ratio of 0.79 and a beta of 0.87. The firm’s 50 day moving average price is GBX 233.11 and its 200 day moving average price is GBX 225.20. The company has a debt-to-equity ratio of 551.57, a quick ratio of 0.58 and a current ratio of 1.07. Wickes Group has a twelve month low of GBX 168.60 and a twelve month high of GBX 255.

Analyst Ratings Changes

A number of analysts have recently issued reports on WIX shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 250 price target on shares of Wickes Group in a research report on Friday, January 23rd. Jefferies Financial Group boosted their price objective on shares of Wickes Group from GBX 275 to GBX 278 and gave the company a “buy” rating in a research report on Wednesday. Shore Capital Group reiterated a “buy” rating on shares of Wickes Group in a research note on Thursday, January 22nd. Finally, Citigroup increased their target price on shares of Wickes Group from GBX 200 to GBX 227 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 240.

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.