Topps Tiles’ sales improve in half-year results

Topps Tiles has recorded a 4% annual increase in its group sales, reaching £127.7m in the six months to 29 March 2025.

The specialist tile retailer said that its underlying sales had jumped by 3.3% and 4.4% in the first and second quarters of its financial year, respectively.

It added that its like-for-like sales increased by 3% in its first half and by 3.7% in the second quarter.

While Topps Tiles noted that homeowner sales "remain subdued", it said trades sales were "strong" and in line with its mission 365 growth strategy.

As a result, trade and digital channel sales increased by 12% and 15% in its first half, while its online trade traffic was up by approximately fourfold in this period.

Chief executive at Topps Tiles, Rob Parker, said: "Following our return to sales growth in the early weeks of the year, we are pleased to see this trend accelerate in the second quarter, driven by some initial signs of success from our new strategic initiatives, including an improved trader digital experience and further category extensions.

"Whilst macroeconomic indicators remain mixed, we remain focused on the delivery of our strategy which we are confident will lead to the achievement of our Mission 365 goal over the medium term."



Share Story:

Recent Stories