Topps Tiles slips in second quarter
0 mins. to read
Retailer Topps Tiles (LON:TPT) suffered a sharp downturn during the second quarter, but said that trading had improved somewhat in recent weeks. Like-for-like sales rose by 0.6% over the six months ended 31st March but this was split between a 3.4% increase in the first three months and a 2.2% drop in the second quarter fuelled by an early Easter and bad weather.
Get the latest from Master Investor directly in your inbox – Sign-up HERE for FREE
Management remained cautious but said that they were confident of meeting market expectations. Shares in Topps Tiles climbed 3.2% to 71.20p.
Comments (0)