Topps Tiles ( (GB:TPT) ) has shared an update.
Topps Tiles Plc reported a 4.0% increase in group sales for the first half of 2025, with a notable acceleration in like-for-like sales growth in the second quarter. The company experienced strong trade sales and significant progress in digital initiatives, contributing to a 12% rise in trade sales and a 15% increase in digital channel sales. Despite challenges in the external cost environment, Topps Tiles improved gross margins through strategic pricing and product mix adjustments. The company is also advancing its ‘Mission 365’ growth strategy, including new product categories and enhanced digital platforms, while preparing for a leadership transition with the search for a new CEO.
More about Topps Tiles
Topps Tiles Plc is the UK’s largest specialist supplier of tiles and associated products, targeting both domestic and commercial markets. The company serves homeowners, trade customers, architects, designers, and contractors through 299 nationwide stores, a commercial showroom in London, and nine customer-facing websites. Since its inception in 1963, Topps has focused on offering an extensive product range and exceptional customer service.
YTD Price Performance: -10.53%
Average Trading Volume: 357,694
Technical Sentiment Signal: Buy
Current Market Cap: £64.9M
Learn more about TPT stock on TipRanks’ Stock Analysis page.