UK's Wickes targets 300 stores nationwide, as profit beats expectations
17/03/2026 07:12
March 17 (Reuters) - British retailer Wickes WIX.L on Tuesday said it would accelerate investment in new stores with a target to reach 300 locations nationwide, as it posted an annual profit above market expectations. The company posted adjusted pretax profit of 49.9 million pounds ($66.32 million) for the year ended December 27, above the average analysts' expectations of 48.2 million pounds, as per a company-compiled poll. ($1 = 0.7524 pounds) (Reporting by Simone Lobo and Yamini Kalia in Bengaluru; Editing by Nivedita Bhattacharjee) ((Simone.Lobo@thomsonreuters.com, +919920570373))