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Topps Tiles PLC on Wednesday said first half sales fell as subdued retail demand offset a more resilient showing from trade customers. Shares in Topps Tiles, the fell 3.0% to 42.70 pence in London on...
Topps Tiles has blamed lower footfall in stores and a slowdown in spending on big ticket items for a slide in sales.
The group reported an 11.3% tumble in like-for-like sales in its second quarter to March 30
Topps Tiles has cautioned shareholders that 'subdued' repairs and maintenance demand has 'persisted' into 2024, prompting lower sales and sluggish footfall in stores.
Topps Tiles PLC on Thursday said its results had been hampered by a trend of low discretionary spending. Sales in the 13 weeks to December 30 were down by 4.0% year-on-year for the Leicester-based...