The flooring specialist has said it expects its full-year like-for-like sales to be up year on year, with profits in line with current market expectations.
The retailer said in a preliminary trading update that it expected full-year like-for-like sales to up 0.6% overall, against flat sales the previous financial year.
Strong like-for-like sales growth in the retailer’s third quarter of 3.8% was dampened by a 1.9% decline in the fourth quarter.
Topps Tiles attributed its fourth quarter sales decline to economic uncertainty and consumer uncertainty.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.