Wickes’ financial statement is no longer qualified.

The qualification of Wickes Cos.’ financial statements for the last two fiscal years has been removed from the company’s fiscal 1985 annual report because Wickes has resolved uncertainties about its debt repayment and other matters, independent auditor Arthur Andersen & Co. said. Wickes emerged from Chapter 11 bankruptcy proceedings in January; it had filed for protection in 1982. Meanwhile, a company controlled by financier Saul P. Steinberg has sold almost 2 million of its shares in Wickes since April 10. Steinberg’s Reliance Insurance Co. now has an 8.4% stake in Wickes, down from 10.4% in March.