Wickes

DIY retailer Wickes is “finally in the money”, as recent glorious weather should have prompted more people to spruce up their gardens and homes. Following its post-Covid DIY hangover, Wickes has navigated tougher market conditions and shop refurbishments. It has also made itself more attractive to trade customers with a loyalty scheme. Improving household sentiment and a dip in house prices bode well. The stock’s valuation is “inexpensive”, and analysts expect higher profits and dividends in the...