Sales dip for Wickes
By Sarah Wood | 6th November 2023
DIY giant, Wickes, has reported a slight fall in third quarter sales.
The retailer, which has stores in Gloucester, Cheltenham and Cirencester, saw Do It For Me (DIFM) like-for-like sales down 4.4% for the three months to 30 September, as reported by Retail Gazette.
It said this was partly down to delays due to changing to a new software solution for fulfilling customer orders.
Wickes said has been working to resolve the software issues, but that there would be some knock-on to delivered sales in the current quarter.
The retailer also said it was seeing a slow-down in sales, as customers are taking longer to decide about big ticket purchases.
Elsewhere in the business, like-for-like sales in the core division rose slightly by 1.1%
Wicks said is on track to meet its full year adjusted pre-tax profit of between £45.3m and £49m.
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