Topps Tiles like-for-likes rose 2.1% in the 13 weeks to June 30, against a 1.9% fall in the same quarter last year.

The tiles specialist said the figures were “in line with management’s expectations”.

Topps added: “As we enter our final financial quarter, we remain comfortable with market expectations for the year as a whole.”

The current range of analysts’ estimates for adjusted pre-tax profit for the year ended September 30 is £11.5m to £14.0m, with a consensus of £13.0m.

During the quarter the retailer opened three new stores, bringing its total to 322.  It continues to target a total of 325 stores for the year end.

Topps Tiles said: “There have been no significant or unexpected changes in the financial position of the Group since the publication of the Interim Report for the half year ended 30th March 2012.”

Topics