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Economy

Wickes downgrades outlook despite strong Q2 sales

Wickes will continue to manage supply chain inflation by reportedly passing through cash cost increases while maintaining its โ€˜leadingโ€™ price position

Wickes has downgraded its full-year outlook after signs of โ€œsofteningโ€ in DIY and DIFM markets in recent weeks, despite the companyโ€™s LFL sales growing by 5.4% in its second quarter.ย 

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