Topps Tiles reports soaring retail sales thanks to new products TOPPS TILES Topps Tiles has declared a record year of revenue despite lockdown restrictions earlier this year. In results for the 53 weeks ended 2 October, the group posted retail like-for-like sales up 19.6 per cent. “We believe this performance underlines the strength of our strategy and the success of new initiatives including the expansion of our [...]
Topps Tiles boosted by Brits craving home improvement after lockdown Topps Tiles boosted by Brits craving home improvement after lockdown Topps Tiles reported a surge in sales in the first three months since stores have been allowed to reopen, after lockdown restrictions at the beginning of the year heavily impacted the group’s performance. On a two year basis compared with 2019 before the pandemic, retail like-for-like sales increased by 12.9 per cent over the third [...]
Topps Tiles reports mixed six months after lockdown closed stores Topps Tiles reports mixed six months after lockdown closed stores In the six months to 27 March, Topps Tiles produced a profit before tax of £4m, after lockdown restrictions in the first three months of the calendar year heavily impacted the group’s performance. The retailer reported a half year of contrast this morning, with retail like-for-like sales up nearly 20 per cent in the first [...]
Topps Tiles puts in resilient performance despite lockdown closing stores March 31, 2021 Topps Tiles saw revenue grow in the first half of its 2021 financial year despite the recent coronavirus lockdown closing its stores and halting its commercial work. In the 26 weeks ending 27 March, the tile specialist saw revenues of £103.6m, down slightly from £106m during the same period in 2020. In the first [...]
Topps Tiles warns of sales hit from new lockdown January 6, 2021 Topps Tiles this morning warned that it would take a sales hit from the new lockdown, which has forced the firm to close its aisles to customers. The warning came as the London-listed firm said that sales had increased 20 per cent on a like-for-like basis for the first three months of the new financial [...]
Topps Tiles posts 78 per cent drop in profit on virus-led closures December 1, 2020 Topps Tiles has posted a 78 per cent slide in full-year profit and did not propose a final dividend, as coronavirus restrictions prompted the company to close stores temporarily in the third quarter. The company’s adjusted profit before tax slumped to £3.6m for the 52 weeks ended 26 September, from £16m a year earlier. The [...]