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Topps Tiles ( (GB:TPT) ) just unveiled an update.
Topps Tiles reported a solid start to its 2026 financial year, with group revenue excluding CTD up 3.7% year-on-year and the core Topps Tiles brand delivering its fifth consecutive quarter of like-for-like growth, up 2.0% and outperforming a weakening UK home improvement market. Growth in trade sales, digital channels under its ‘Mission 365’ strategy and strong like-for-like gains at the slimmed-down CTD chain are helping to offset cost inflation, while the completion of mandated CTD disposals and the integration of the Fired Earth brand and website strengthen the company’s portfolio. Online revenue rose to 19.7% of group sales, new customer engagement tools are being rolled out, and recently appointed CEO Alex Jensen has now fully taken over leadership, positioning the group to pursue further strategic and financial progress in 2026.
The most recent analyst rating on (GB:TPT) stock is a Buy with a £51.00 price target. To see the full list of analyst forecasts on Topps Tiles stock, see the GB:TPT Stock Forecast page.
Spark’s Take on GB:TPT Stock
According to Spark, TipRanks’ AI Analyst, GB:TPT is a Outperform.
Topps Tiles is on a positive growth trajectory, driven by strong financial performance and technical indicators. The company’s strategic initiatives, such as digital expansion and acquisitions, are promising, despite challenges in managing high leverage and operational costs. The stock’s valuation and dividend yield add to its attractiveness.
To see Spark’s full report on GB:TPT stock, click here.
More about Topps Tiles
Topps Tiles Plc is the UK’s largest specialist supplier of tiles and associated products, serving domestic, commercial and housebuilder markets. The group targets homeowners, trade professionals, contractors, architects and designers through 296 Topps Tiles stores, a London commercial showroom, the 22-store CTD estate and a portfolio of ten customer-facing websites, combining physical outlets with a growing digital presence.
Average Trading Volume: 642,286
Technical Sentiment Signal: Buy
Current Market Cap: £82.97M
For detailed information about TPT stock, go to TipRanks’ Stock Analysis page.