Topps Tiles, the UK's biggest tile retailer, expects full-year profit to land in line with market forecasts despite a tough year for home improvement spending.
Analysts expect adjusted pre-tax profit of around £6.6 million for the year to 26 September, within a range of £6.5 million to £6.7 million.
The company said cost-cutting had helped support profitability.
It has closed underperforming stores, moved to a cheaper and more flexible staffing model, and cut head office roles.
Sales flat in weak market
Group revenue fell around 1.3% to about £292 million, dragged down by store closures at CTD Tiles, the rival brand it bought in 2024.
CTD now trades from 23 stores, down from 31 a year ago, after property decisions and four disposals ordered by the Competition and Markets Authority.
Excluding CTD, revenue rose around 0.7% to about £267 million.
Like-for-like sales at Topps Tiles, which strip out the effect of store openings and closures, were broadly flat, down around 0.1%.
Spells of extreme heat hit fourth-quarter trading, although sales picked up in September.
The wider market shrank by around 1.7% over the year, according to Barclays consumer spending data.
Online and trade
Online sales accounted for around 22.7% of group revenue over the year, up 3.7 percentage points, and reached 25.6% in the final quarter.
Trade revenue slipped around 1.4%, as the heat disrupted work for housebuilders and tradespeople.
A new app for trade customers has been downloaded more than 46,000 times.
Pro Tiler Tools, the group's online tools business, posted record revenue of around £42 million, up roughly 18%.
Sales of newer products such as acoustic panels, outdoor tiles and shower panels rose around 9%.
Fired Earth, the upmarket tile and paint brand it acquired, added to profits in its first year.
