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Topps Tiles sales grow 6.2% amid overhaul of stores and ranges

Published 06/07/2016

Topps Tiles said that like-for-like sales grew 6.2% in the period amid a programme to revamp its stores and ranges
Topps Tiles said that like-for-like sales grew 6.2% in the period amid a programme to revamp its stores and ranges

Topps Tiles has shrugged off Brexit fears and posted solid third quarter sales growth, saying it is well placed to outperform the market.

The tiling and flooring retailer said like-for-like sales grew 6.2% in the period as a programme to revamp its stores and ranges continues to be a success.

Chief executive Matthew Williams said: "Our focus on the successful strategy of 'Out Specialising the Specialists' has enabled us to deliver healthy like-for-like sales growth of 6.2% in the third quarter, with initiatives to extend the appeal of the Topps brand continuing to attract new customers.

"While it is currently too early to ascertain the implications of the result of the UK referendum, we remain confident in the longer term outlook for our business and in our ability to outperform the market."

In May, Topps unveiled an 11% rise in first-half pre-tax profits to £10.1 million on sales of £108 million.

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