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Topps Tiles PLC (GB:TPT)
LSE:TPT
UK Market
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Topps Tiles (TPT) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Dec 01, 2026
TBA (Confirmed)
Period Ending
2026 (Q4)
Consensus EPS Forecast
Last Year’s EPS
0.02
Same Quarter Last Year
Based on 1 Analysts Ratings

Earnings Call Summary

Q2 2026
Earnings Call Date:May 19, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented a cautiously constructive picture: the group delivered notable margin expansion, operating profit improvement (pro forma +17%), strong digital and trade momentum (Pro Tiler +20%, online now 21% of mix), rapid profitable integration of Fired Earth, and material cost-savings actions (forecast £6m annual benefit). Offsets included flat adjusted PBT (£2.2m) due to higher interest, a small swing to net debt, CTD revenue pressure from a reduced store footprint, and ongoing inflationary labour cost headwinds. Management has clear self-help measures and a path to modest full-year profit growth, but near-term performance remains exposed to macro uncertainty.
Company Guidance
Management guided to modest year‑on‑year PBT growth for FY26, with trading weighted to H2 and gross margins expected to be broadly in line with H1 (adjusted gross margin 53% in H1; +160bps pro‑forma YoY). They expect the self‑help programme to deliver c.£3m of benefit in H2 and c.£6m of sustainable annual savings, underpinning profit delivery; H1 pro‑forma revenue was £142.6m (flat, -0.2% YoY), pro‑forma operating profit +17%, adjusted PBT £2.2m (flat pro‑forma), and costs rose 1.8% (~£1.2m). Balance sheet guidance: aiming for a small net cash position at year‑end (H1 net debt c.£3.1m) supported by a £30m RCF. Company reiterated CTD is on track to be profitable in H2 (H1 loss £0.4m, improved £0.6m YoY), Fired Earth profitable after four months, Pro Tiler +~20% YoY, and online mix at 21% (+3.3pp).
Pro Forma Revenue Resilience vs Market
Pro forma revenue broadly flat year-on-year at £142.6m (‑0.2% pro forma) while the RMI market declined ~2.5%, demonstrating outperformance versus a weakening market.
Strong Gross Margin Expansion
Adjusted gross margin increased by 160 basis points year-on-year (pro forma), delivering a 2.9% increase in pro forma gross profit and reaching a 53% adjusted gross margin in H1.
Operating Profit Improvement
Pro forma adjusted operating profit rose ~17% year-on-year driven by margin expansion and cost control, despite modest cost growth.
Online & Pro Tiler Momentum
Online revenue rose to 21% of mix (+3.3 percentage points year-on-year). Pro Tiler sales grew ~20% year-on-year and revenue is ~3x its 2022 level, with expansion of own brand PremTool improving margin.
Acquisition Integration Success (Fired Earth)
Fired Earth contributed ~£1m revenue in the first half and became profitable within four months of acquisition; expanded international stockists and launched a paint collection with 120 colours.
CTD Loss Reduction and Path to Profitability
CTD losses were more than halved to a £400k loss (improvement of ~£600k year-on-year) with CTD store like-for-like +1% in H1 and management expecting CTD to be profitable in H2.
Trade Growth and Productive Trade Tools
Trade sales grew 4.1% excluding CTD. Trade Pay adoption rose 55% with 11% of trade customers using it; Trade Pay customers spend ~5x regular trade customers, supporting higher ARPU.
Digital & CRM Performance Gains
Topps digital KPIs improved materially: ecommerce conversion +16% YoY, checkout abandonment down 20%, site speed +30%, product reviews up 10% to 44% and organic visibility +25% since year start; trade app and ERP rollout (40% complete) underway.
Self‑Help Cost Program and Store Rationalisation
Three targeted transformation initiatives (store closures, new store productivity model, head-office consolidation) are forecast to deliver £6m of sustainable annual benefits, with £3m weighted to H2 2026.
Prudent Balance Sheet & Liquidity
Group ended the half with small net debt of £3.1m (from net cash £7m at Sept '25) and retains a £30m RCF facility; management expects a small net cash position at year-end assuming normal seasonality and H2 weighting.

Topps Tiles (GB:TPT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

GB:TPT Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Dec 01, 2026
2026 (Q4)
- / -
0.023
May 19, 2026
2026 (Q2)
- / <0.01
0.011-27.27% (>-0.01)
Dec 02, 2025
2025 (Q4)
0.02 / 0.02
-0.055141.82% (+0.08)
May 20, 2025
2025 (Q2)
- / 0.01
0.0110.00% (<+0.01)
Nov 26, 2024
2024 (Q4)
- / -0.06
0.029-289.66% (-0.08)
May 21, 2024
2024 (Q2)
- / 0.01
0.002400.00% (<+0.01)
Nov 28, 2023
2023 (Q4)
- / 0.03
0.02516.00% (<+0.01)
May 23, 2023
2023 (Q2)
- / <0.01
0.028-92.86% (-0.03)
Nov 29, 2022
2022 (Q4)
- / 0.03
0.04-37.50% (-0.01)
May 24, 2022
2022 (Q2)
- / 0.03
0.02133.33% (<+0.01)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

GB:TPT Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 19, 2026
33.06 p32.29 p-2.35%
Dec 02, 2025
40.17 p39.71 p-1.16%
May 20, 2025
30.74 p34.56 p+12.43%
Nov 26, 2024
34.84 p34.40 p-1.27%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Topps Tiles PLC (GB:TPT) report earnings?
Topps Tiles PLC (GB:TPT) is schdueled to report earning on Dec 01, 2026, TBA (Confirmed).
    What is Topps Tiles PLC (GB:TPT) earnings time?
    Topps Tiles PLC (GB:TPT) earnings time is at Dec 01, 2026, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of Topps Tiles PLC stock?
          The P/E ratio of Topps Tiles is N/A.
            What is GB:TPT EPS forecast?
            Currently, no data Available