Topps Tiles
This coverage focuses on Topps Tiles’ operations and strategy within the UK retail market, highlighting store performance, product development, marketing campaigns, leadership changes, and financial results. Reporting offers insights for professionals monitoring the home improvement and specialist retail sectors, with attention to competitive positioning and operational execution.
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Jan- 2023 -19 JanuaryDIY
Topps Tiles chairman survives shareholder revolt
Topps Tiles has revealed that Darren Shapland will remain as its chairman after surviving a vote tabled by its biggest shareholder MS Galleon to oust him. At the company’s AGM, 62.5% of the company’s shareholders voted against the requisition resolution put forward by the Austrian private equity firm. The shareholder,…
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11 JanuaryDIY
Topps Tiles hails strong Q1 trading
Topps Tiles has reported a “strong Q1” with group sales up 10.2% year on year for the 13-weeks ended 31 December 2022. The company stated that approximately half of this growth was down to its acquisition of Pro Tiler Tools. It also believes that the timing of Christmas and New…
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Nov- 2022 -30 NovemberDIY
Topps tiles announces second consecutive year of record revenue
Topps tiles has announced a second consecutive year of record revenues, as its gross revenues increased 8% to £247.2m. For the full-year period ended 1 October 2022, it confirmed that gross profit was up nearly 4% to £135.4m compared with £130.7m for 2021. Adjusted profit before tax was also up…
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Oct- 2022 -5 OctoberDIY
Topps Tiles hails ‘record’ FY22 sales
Topps Tiles has revealed its sales for the 52-week period ended 1 October 2022 (FY22) hit £247.3m, marking a second consecutive “record” year of turnover, with year-on-year sales growth of 10.6%. Group sales in the 13 weeks to 1 October (Q4) also increased 4.3% year-on-year, and average weekly sales per…
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Jul- 2022 -14 JulyDIY
Topps Tiles stands behind chairman despite shareholder revolt
Bathroom and kitchen flooring retailer Topps Tiles has revealed it is set to stick with its chairman Darren Shapland despite seeing a number of its shareholders vote against his re-election at its AGM back in January. During its AGM at the start of the year, some 22% of its shareholders…
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May- 2021 -18 MayDIY
Topps Tiles ‘confident’ despite 2.8% revenue decline
Topps Tiles is remaining “confident” after it saw revenues decline by 2.8% in the six months to 27 March, due to lockdown restrictions. In an update, the retailer said the results reflect “two distinct and contrasting” periods of trading – with stores originally seeing like-for-like sales up 19.9% in Q1…
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Apr- 2021 -1 AprilDIY
Topps Tiles H1 2021 revenues hold steady
Topps Tiles, a tiling retailer, saw its total revenues for the 26 weeks ended 27 March 2021 fall 2.4% year-on-year to £103.6m. However, included in the group’s first half financial results was a 2% retail like-for-like sales growth over the period. This was mainly attributed to the 19.9% year-on-year increase…
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Sep- 2020 -4 SeptemberPeople Moves
Topps Tiles names Stephen Hopson as CFO
Topps Tiles has announced the appointment of Stephen Hopson as its new CFO, effective from 2 November. Hopson joins the business from Molson Coors Beverage Company where he is director of Central Finance, Western Europe. He was also previously the director of finance at BSS and held a number of…
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Aug- 2020 -13 AugustHigh Street
Topps Tiles retail revenues rise in Q4 results
Topps Tiles has reported a 15.5% year-on-year increase in retail revenues for the Q4 period ended 8 August 2020. Average weekly sales also increased by 13.1% to £4.4m during the period. As a result, the retailer’s board now expects that the group will generate a “modest level” of adjusted profit…
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Jun- 2020 -1 JuneCoronavirus
Topps Tiles announces £18.1m sale of HQ and warehouse
Topps Tile has agreed a sale and leaseback of its head office and central warehouse building to UK Warehouse Properties for £18.1m amid the Covid-19 pandemic. The retailer revealed the proceeds from the sale of the properties situated in Leicester and will “further strengthen” the group’s financial position as it…
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