Wickes has recorded strong sales and volume growth in its retail business with like-for-like (LFL) sales up 4.2% in its Q3 trading update.

The home and DIY retailer announced a 4.7% increase in Q3 revenue to £312.1m, taking its year-to-date revenue through three quarters to £945.3m.

Wickes revealed its market share growth had been particularly strong in Q3, driven by volume, with selling price deflation of around 2%.

Within its retail business, the group’s TradePro has also continued to perform strongly with sales up 16% year-on-year in the quarter, as local trade professionals continued to choose Wickes to save them time and money.

The group’s trading in Q3 also benefitted from customers catching up on outdoor projects delayed by the wet weather during spring and early summer. However, Wickes expects this pent-up demand to subside in Q4.

The group said that it remains “comfortable” with market expectations for adjusted profit before tax for 2024.

“Our excellent value and service-led offer keeps home improvers coming back to Wickes,” Wickes chief executive, David Wood, commented.

“We’ve seen pleasing further progress in retail, successfully growing volumes and increasing market share, driven by a particularly strong performance in TradePro. We remain on track for the full year and are well positioned for 2025 and beyond.”

Wickes said it will report its Q4 trading period in late January 2025.

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