A Wickes bathroom
(Picture: Wickes)Shares in DIY and trade retailer Wickes have fallen more than 20% in early trading after the company issued a warning that it had seen “signs of softening” in its key markets in recent weeks as its customers become more “price conscious”.
Core sales, including DIY and local trade, were minus 0.2% for the second quarter up from an 11% downturn in the first quarter, as financial figures returned to normal following the pandemic boost and then the lull in DIY sales with the cessation of lockdowns.
