Home improvement retailer Wickes flags tepid quarterly sales


Reuters | Updated: 27-10-2021 11:59 IST | Created: 27-10-2021 11:54 IST
Home improvement retailer Wickes flags tepid quarterly sales

Wickes Group flagged on Wednesday that its third-quarter sales slowed compared with last year when the home improvement retailer benefited heavily from a surge in do-it-yourself projects by people stuck at home during the lockdowns.

Like-for-like sales for the three months ended Sept. 25 dipped 1.6%, compared with a year-ago period, even as the numbers remained 16.3% above 2019 levels.

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