Topps Tiles expects like-for-likes to have increased by about 1.8% in the 26 weeks to April 2.

In its pre-close statement, the tiling retailer said total revenue will be in the region of £89.2m, a fall of 2.5% compared with the comparable 27 week period last year.

On a same reporting week basis however, this represents a rise of 1.5%.

Second quarter like-for-likes are expected to have increased by 1.4%, with revenue increasing by the same amount.

The retailer said it has now completed the refinancing of its loan facilities and has secured a new committed £75m revolving credit facility with its existing lenders through to May 2015.

Topps Tiles said: “It is anticipated that a slightly higher cost of borrowing will be broadly offset by a smaller, more efficient loan facility.”

The retailer reveals preliminary results on June 1.