Topps Tiles Plc’s trading update for the 52-week period ended 26th September 2026 shows Group revenue, including CTD, was around £292 million for the year, down c.1.3% year-on-year. The Group says this is explained by the annualisation of prior-year CTD store closures, and the closure of underperforming Topps Tiles stores. CTD currently trades from 23 stores, compared with 31 in the prior year.

Group revenue, excluding CTD, was around £267 million, up roughly 0.7% year-on-year despite challenging market conditions. Topps Tiles delivered resilient like-for-like revenue, down just 0.1%, with fourth-quarter trading affected by the hot Summer. Like-for-like sales improved in September and Topps Tiles continued to outperform the wider market, which is said to have declined by approximately 1.7% over the financial year. Pro Tiler Tools delivered record revenue of around £42 million, up roughly 18.2% year on year.

Topps Tiles says that significant progress has continued to be delivered across key priorities, including completion of the previously announced self-help programme, including store network optimisation, introduction of a lower-cost, and more flexible labour model, and consolidation of head office roles, supporting improved profitability.

The trading update points to continued advancement of the Group’s digital and data strategy, with online revenue, including CTD, reaching around 25.6% of Group revenue in Q4 FY26 and full year increasing 3.7% year-on-year to 22.7%. The report points to a strengthened trade proposition through new Topps Tiles Trade App, achieving downloads of over 46,000 to date. Group trade revenue (including CTD) was down 1.4% year-on-year, with the hot Summer disrupting activity among housebuilders and traders in Q4 FY26.

Revenue from new hard-surface categories grew by around 9.1% year on year, driven by acoustic panels, outdoor tiles, and shower panels, with a new luxury vinyl tile product range added in Q4 FY26.

More at: https://www.toppsgroup.com