Company
Topps Tiles PLC
LON:TPT
Topps Tiles PLC is engaged in the retail and wholesale distribution of ceramic tiles, wood flooring and related products. The company operates in three retail operating divisions: Topps Tiles (Topps), Tile Clearing House (TCH) and Topps Floorstore (Holland). The wholly owned subsidiaries of the company are Topalpha Limited, which is engaged in property management and investment; Multi Tile Limited, which is engaged in retailing and wholesaling of ceramic tiles, wood flooring and related products; Topps Tiles Holdings, which is an intermediate holding company; Topps Tiles Distribution Limited, which is engaged in the wholesale and distribution of ceramic tiles, wood flooring and related products; Topps Tiles (UK) Limited, which is engaged in the retailing and wholesaling of ceramic tiles, wood flooring and related products, and Topps Tiles Holdings BV, which is engaged in retailing and wholesaling of ceramic tiles, wood flooring and related products. Topps Tiles is traded in the ISDX Exchange HERE
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FTSE 100 Live: Blue chips higher as polling day nears; services sector slows; rent at record high
FTSE 100 up 51 points at 8,172
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FTSE 100 closes in the green despite generally weaker day for equities
At the close, the UK's blue-chip index had gained 0.4% to finish at 7,663 points
Topps Tiles expects profits at the top end of expectations
In a trading update for the 52 weeks to 1 October 2022, it said group sales were around £247.3mln, a second consecutive record year of turnover, with year-on-year sales growth of 10.6% on a comparable 52-week basis
Topps Tiles third-quarter trading in line as sales grow 9.2%
Chief executive Rob Parker said the growth in sales was achieved despite the continuing headwinds from lower consumer confidence, supply chain challenges and high inflation
Topps Tiles acquires Pro Tiler as trading stays in line with expectations
Initial deal for Pro Tiles valued at £5.6mln, with forecast profits for the year in line with expectations
Topps Tiles says inflation to blame as it warns over margins
The company says it has taken steps to mitigate the impact caused by current environment
Topps Tiles to beat profit consensus as revenues hit record
"Mitigation or pass-through of the associated cost pressures remains a key focus for the business"
Topps Tiles expects sales spike once COVID-19 restrictions lift
In the half-year to March 27, revenues dipped 2% to £103mln
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Topps Tiles to file update on Wednesday, UK GDP eyed
Other companies in the diary for the last day of March include Gulf Keystone Petroleum, Gattaca and James Halstead
Topps Tiles expects sales, margin hit during new coronavirus lockdown
The tiles seller is allowed to continue trading under the building materials exemption but browsing stores will not be allowed
Topps Tiles sets 20% market share goal by 2025 after loss
The tiles firm aims to account for £1 in every £5 spent on tiles in the UK by 2025
Topps Tiles appoints new chief financial officer
Stephen Hopson is currently director of central finance for Western Europe at US brewer Molson Coors
Topps Tiles expects modest full-year profit after robust summer trading
Home improvement and DIY demand have been driving sales in the summer months
Topps Tiles says sales top expectations following stores reopening
Average weekly sales went from £800,000 in April to £3.9mln last week, only 5% below last year’s figures
Topps Tiles to open all stores by end of June
The tiles retailer has trialled gradual openings since April, with 250 stores currently operational
Topps Tiles drops dividend, “well-positioned” to recover
The retailer dropped financial guidance for the second half but said it has “good levels of liquidity”
Topps Tiles warns on profits as post-election benefits lag
The retailer said the improvement seen in the housing sector "traditionally" lag in home improvement trading
Topps Tiles pars first quarter sales dip
Like-for-like sales for the 13 weeks to 28 December slid 5.4%, which was an improvement from the 7.2% drop recorded across October and November
Topps Tiles topples as election uncertainty dents sales in new financial year
The flooring specialist said that in the first eight weeks of its current year like-for-like revenues had declined by 7.2%, a sharper fall than last year when revenues dropped 1.8%
Topps Tiles chief executive steps down
Matt Williams will be replaced by the current chief financial officer, Rob Parker
Topps Tiles improves sales as turnaround plan bears fruit
Chief executive Matthew William said Topps Tiles is "encouraged that the successful execution of our strategy is delivering good trading results"
Investments and investor services
FTSE 100 closes higher again as bullish sentiment continues
Footsie closed around 50 points higher at 7,609 on Wednesday
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Sainsbury's to take top spot in company news diary on Wednesday
A trading update from the blue-chip supermarket will be delivered in the shadow of the collapse of its planned merger with Asda
Investments and investor services
Cellcast downcast as Kenya ups the ante in attack on the gambling industry
A look at the day's major movers, including Topps Tiles, Mortgage Advice, Shoe Zone, Knight's Group, UDG, GYG and Galliford Try.
Topps Tiles makes 'encouraging' start to second half after weaker first-half profits
In the first seven weeks of the second half, like-for-like sales have gained 1.2%, compared to a 0.2% decrease in the year-ago period.
Investments and investor services
FTSE 100 closes higher as trade tensions ease
The UK's premier shares index closed up around ten points at 7,320
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Severn Trent to kick off water sector updates on Tuesday; retailers also in focus
The Day Ahead will bring trading updates from the likes of stores groups Halfords, Topps Tiles, and WH Smith
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Proactive news snapshot: Anglo Asian Mining, Scancell, Circle Property …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Totally jumps as healthcare provider flags contract awards in upbeat trading statement
A look at some of the day's major movers, including Totally, Ascent Resources , Firestone Diamonds, Adept4, LightwaveRF and Adept4
Frontier IP’s Pulsiv Solar partners up with Bosch to develop solar micro-inverter
Frontier, which holds an 18.9% stake in Pulsiv, said the solar energy firm’s work with Bosch would be funded as part of a £288,732 project backed by a £129,929 grant from Innovate UK
Topps Tiles’ first-half profits set to beat forecasts as trading picks up in second quarter
The later Easter this year and the absence of the ‘Beast from the East’ contributed to a rise in second-quarter like-for-likes, leaving Topps on track to beat profit forecasts, according to Peel Hunt
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FTSE 100 finishes higher as Brexit rumblings continue
Footsie gained around 27 points at 7,418, while FTSE 250 added 234 points at 19,563
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AA’s performance to be eyed on Wednesday for any signs of possible breakdown
Investors will be looking to see if the breakdown services firm can continue its recent run of good fortune
Tesco, Next and Ted Baker among the festive winners as high street survives Christmas - but only just
Below we provide a cut-out-and-keep guide to the major quoted retailers and how the quoted retailers performed
Topps Tiles reports revenue shrinkage in first quarter as UK retail sector drags
In an update for the 13 weeks to 29 December, the group reported that like-for-like revenues had fallen by 1.4% compared to 3.4% growth the same time last year
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FTSE 100 closes higher as traders optimistic on China/US talks breakthrough
The UK blue-chip benchmark added around 45 points at 6,906, while FTSE 250 surged even higher.
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Slew of retailer trading updates to continue, Sainsbury's takes supermarket focus
The post-Christmas assessment of the high street will carry on unabated on Wednesday, with updates expected from Ted Baker, Topps Tiles and Majestic Wines
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Slew of Christmas updates from retailers to dominate after Next's positive seasonal surprise
The Week Ahead will bring trading updates from the likes of M&S and Debenhams on the general retail front and all three of the listed UK supermarket groups – Morrisons, Sainsbury’s, and Tesco
Topps Tiles sees full-year profit drop, current like-for-like sales fall amid ‘challenging’ trading conditions
The UK’s largest tiles specialist saw its adjusted pre-tax profit fall to £16.0mln for the 52 weeks ended 29 September 2018, down from £18.6mln a year earlier
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Troubled retail sector in focus as Quiz, Topps Tiles and Pets at Home report latest results
The day ahead includes full year results from Topps Tiles and Pets at Home along with interims from Quiz and Pennon
redT energy raises £5mln while it looks for strategic partners
Some of the main risers and fallers in London on Wednesday...
Topps Tiles shares soar on profit uplift after strong summer
After a good fourth quarter, the tile retailer now expects adjusted pretax profits for the year to be slightly ahead of the top end of the current range of market expectations
Topps Tiles' cautious outlook prompts house broker to cut price target
Liberum expects the consensus forecast for the tiles retailer's profit before tax to drop by around 5% after this morning's trading update
Topps Tiles comes unstuck in the hot weather
The company's response to tough trading conditions has been to invest in its customer offer - in particular through retail promotional activity and continued price leadership in the trade segment
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McKay Securities shares rise as it hikes final dividend after ‘exceptionally productive year’
A look at some of the top rises and fallers in London on Tuesday
Investments and investor services
J Sainsbury will be in focus but few fireworks expected in London on Wednesday
Wednesday is US Independence Day, meanwhile, the hangover from England's big game may leave London welcoming a light diary.
Archive
Housebuilders and retailers take centre stage as slew of firms release latest results
The week ahead will see quarterly results from Sainsbury's and AB Foods, trading updates from Bovis Homes and Persimmon, and full year earnings from SuperDry
AO World posts double-digit sales growth for year just gone but remains “cautious” on outlook
AO isn’t the only UK retailer struggling in its home market at the moment, Carpetright, Topps Tiles and Dunelm have all posted weaker updates in recent weeks
First-half profits plunge at Topps Tiles but full-year guidance unchanged
A toxic combo of bad weather, an earlier Easter, weaker consumer confidence and higher costs saw pre-tax profits plunge by a third, but investors were encouraged by the unchanged full-year guidance
FTSE 100 continues record-breaking run but big retailers lag
The UK blue chip index closed around 18 points higher at 7,877
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Retail results whirl to start low-key with numbers from Halfords and Topps Tiles
The day ahead includes full-year results from Halfords Group and from Harry Potter books firm Bloomsbury Publishing, plus first-half numbers from Topps Tiles
Investments and investor services
ULS Technology shares slide as CEO poached by Mortgage Advice Bureau
A look at some of the biggest risers and fallers in London on Wednesday
Topps Tiles cautious of market conditions after second quarter sales drop
The UK tiles retailer said it was "clear" there has been a softening in the market
FTSE 100 closes positively, just, but miners weigh
The blue-chip benchmark closed up around three points at 7,034, with the big cap miners lagging
Topps Tiles will have felt the chill
The heavy snowfall in many parts of the company will most likely have stopped Topps Tiles' like-for-like sales growth stone cold.
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Topps Tiles, IAG, easyJet, Electrocomponents and US jobs in focus after Easter break
The week ahead includes interims from Topps Tiles, traffic statistics from easyJet and IAG, a trading statement from Electrocomponents and the US non-farm payrolls report
Investors crack into Topps Tiles after strong Christmas trade
Topps saw sales rise by 3.4% in the 13 weeks to the end of December and was helped by the “strong outperformance” of the tile market as a whole
FTSE 100 reaches new closing high with supermarkets in support
London's top tier index reached a new record high on Tuesday, led by supermarket shares
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Wm Morrison set to start Christmas trading supermarket sweep
Day ahead includes trading updates from food retailer Wm Morrison Supermarkets PLC, housebuilder Perimmon PLC, and staffing group Robert Walters PLC
Topps Tiles shares rise as it returns to like-for-like sales growth in new financial year
Topps Tiles experienced challenging trading conditions in 2017 as consumer confidence and housing transactions fell amid Brexit worries
Investments and investor services
FTSE 100 makes strong gains with Royal Dutch Shell in support
London's FTSE 100 closed the day sharply higher, up over 1% to 7,460
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Stress tests for UK banks eyed, plus updates from retailers Topps Tiles and Pets at Home
Day ahead to include latest BoE stress test results from UK banks, and updates from specialty retailers Topps Tiles and Pets at Home
Topps Tiles' shares drop as it again warns on full-year profit with market conditions still "challenging"
In a pre-close season trading update for the 52-weeks ending 30 September, the tile specialist said revenues are expected to come in at around £211.6mln, down from £215mln a year earlier
FTSE 100 barely changed after PM's speech; Centrica slides
Not much happening among the blue-chips but Image Scan and Future were among the big movers in the small caps sector
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Tesco set for 'upbeat interims', but Topps Tiles' trading update expected to be drab
The day ahead includes first half numbers from supermaket giant Tesco PLC and a fourth quarter trading update from struggling tiles retailer Topps Tiles PLC
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Tesco and Greggs to give a taste of high street conditions; hurricanes could have blown away US jobs
Week ahead to include first half results from supermarkets giant Tesco PLC, an update from high bakery chain Greggs PLC (LON:GRG), and the latest US jobs data
Topps Tiles seeing improving trend in a tough market, according to Liberum Capital Markets
As the mini-fillip from April 2016's Stamp Duty changes disappears, comparative figures versus a year ago are starting to look less terrible
Archive
Food stocks and housebuilders in Wednesday's spotlight with updates from Booker and Persimmon
A look at Wednesday's agenda with interims from Ocado Group and trading statements from Booker Group, Persimmon and McCarthy & Stone
Archive
Argos to put some zip into J Sainsbury
Week ahead, J Sainsbury, Non-farm payrolls, Ocado, Imagination Technologies
Topps Tiles warns full-year results will be at the lower end of expectations as it reports a decline in first-half profit
The tiles manufacturer and retailer said its pretax profit for the 26 weeks to April 1 fell to £9.5mln, down from £10.1mln a year earlier, as revenue slipped to £106.6mln from £108.0mln
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Shell to come under fire over bosses pay package, climate change goals at its annual general meeting
Like Bob Dudley, his counter-part at FTSE 100-listed peer BP, Shell’s chief executive Ben Van Beurden will see his multi-million euro salary come under close scrutiny
Topps Tiles saw tougher market conditions in its second quarter lead to a fall in first-half like-for-like sales.
In a trading update for the 26 weeks to 1 April 2017, the retailer said its like-for-like revenues decreased by 1.9% after a 4.1% drop in the second quarter, with first quarter sales up 0.3%.
Day Ahead - Next, Topps Tiles to kick off key Christmas retail trading updates
With the crucial festive period finally over, it is time for retailers to count the coppers with the post-Christmas trading update season kicking off in earnest tomorrow.
Investments and investor services
Week Ahead: Next PLC feeling the chill
Happy New Year, Proactive people! That's 2016 done with; Next!
Investments and investor services
FTSE 100 shares close firm with oil while Italy is side-stepped
FTSE 100 shares closed firm on Monday, having brushed off the turmoil in Italy following a “no” vote in the euro zone country’s referendum which led premier Matteo Renzo to tender his resignation, as oil prices continued to extend gains