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Topps Tiles PLC Ord 3 1/3P (TPT)

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01-Dec-2020 08:00 AM

Topps Tiles scraps dividend as revenue slips

Flooring retailer Topps Tiles swung to a full-year loss and scrapped its final dividend after sales slipped due to store closures owing to the pandemic. The company also wrote down the value of its budding commercial tiles business, to the tune of £
30-Sep-2020 02:18 PM

Topps Tiles forecasts modest annual profit after recovery in fourth quarter

Tile specialist Topps Tiles said it expected to report a modest adjusted annual profit after sales recovered in the fourth quarter of its financial year. Sales for the year through 26 September were expected to be in the region of £192 million, dow
13-Aug-2020 10:10 AM

Broker Forecast - Liberum Capital issues a broker note on Topps Tiles PLC

Liberum Capital today reaffirms its buy investment rating on Topps Tiles PLC (LON:TPT) and raised its price target to 85p (from 75p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
13-Aug-2020 09:50 AM

Broker Forecast - Peel Hunt issues a broker note on Topps Tiles PLC

Peel Hunt today reaffirms its buy investment rating on Topps Tiles PLC (LON:TPT) and raised its price target to 75p (from 60p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
01-Jul-2020 08:16 AM

Topps Tiles quarterly sales slump 53%; though bouncing back better than hoped

Flooring retailer Topps Tiles said its average weekly sales had slumped 53% in the third quarter of its financial year, though the performance was nevertheless better than it had expected. Average weekly sales for the 13-week period ended 27 June had dro
19-May-2020 07:12 AM

Topps Tiles swings to loss, wipes dividends as sales slip

Flooring retailer Topps Tiles swung to a first-half loss after its revenue slipped due to the Covid-19 crisis and a tough trading environment before the pandemic hit. The company scrapped its interim dividend and said it was unlikely to pay a final divid
27-Feb-2020 08:50 AM

Broker Forecast - Liberum Capital issues a broker note on Topps Tiles PLC

Liberum Capital today downgrades its investment rating on Topps Tiles PLC (LON:TPT) to hold (from buy) and cut its price target to 65p (from 85p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
26-Nov-2019 09:10 AM

Broker Forecast - Liberum Capital issues a broker note on Topps Tiles PLC

Liberum Capital today reaffirms its buy investment rating on Topps Tiles PLC (LON:TPT) and cut its price target to 85p (from 95p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
02-Oct-2019 07:36 AM

Topps Tiles sees slight annual revenue fall after tough fourth quarter

Flooring retailer Topps Tiles said it expected to post a small fall in annual revenue after a more challenging economic backdrop hurt sales in the fourth quarter. In a trading update for the 52 week period to 28 September, the company said it expected ad
03-Jul-2019 07:52 AM

Topps Tiles like-for-like sales rise 3.8% in third quarter

Topps Tiles said its like-for-like sales had risen 3.8% in the third quarter of its financial year. The increased marked an improvement in performance in the first half of the year, for which like-for-like sales had risen 0.2%. Topps Tiles said it had l
21-May-2019 07:11 AM

Topps Tiles profit slips due commercial business startup costs

Topps Tiles profits slipped in the first half after it incurred start up costs at its new commercial business, though its underlying profits improved. Pre-tax profit for the six months through March fell 19% to £5.2m, as revenue edged back 0.2% to
03-Apr-2019 07:23 AM

Topps Tiles sales dip

Topps Tiles reported total revenues were £108.8m (2018: £109.4m) for the 26 week period ending 30 March 2019. Like-for-like revenues for the 26 week period increased by 0.2%. Trading over the second quarter has improved from the levels rep
09-Jan-2019 11:20 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Topps Tiles PLC

Cantor Fitzgerald today reaffirms its hold investment rating on Topps Tiles PLC (LON:TPT) and cut its price target to 70p (from 75p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
09-Jan-2019 08:26 AM

Topps Tiles sales slip amid testing market backdrop

Topps Tiles said its sales had slipped in the first quarter amid a 'challenging market backdrop'. Like-for-like sales for the 13 weeks through 29 December fell by 1.4%, the company said. 'Against a challenging market backdrop and a strong
03-Oct-2018 09:23 AM

Topps Tiles sees earnings beat after late growth spurt

Flooring retailer Topps Tiles said it expected to post a full-year profit ahead of market expectations after like-for-like sales improved in its fiscal fourth quarter. Adjusted revenue for the year through 29 September was expected to rise moderately to
03-Oct-2018 09:10 AM

Broker Forecast - Liberum Capital issues a broker note on Topps Tiles PLC

Liberum Capital today reaffirms its buy investment rating on Topps Tiles PLC (LON:TPT) and raised its price target to 95p (from 90p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
04-Jul-2018 08:10 AM

Broker Forecast - Liberum Capital issues a broker note on Topps Tiles PLC

Liberum Capital today reaffirms its buy investment rating on Topps Tiles PLC (LON:TPT) and cut its price target to 90p (from 95p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
04-Jul-2018 07:51 AM

Topps Tiles sales slip 2.3% in 'weaker consumer environment'

Topps Tiles said like-for-like sales in its fiscal third quarter fell by 2.3%, reflecting a weaker consumer environment. 'Against this background, we believe that we continue to outperform the overall tile market and we are maintaining our focus on
22-May-2018 09:26 AM

Topps Tiles profit slips on higher input, marketing costs

Topps Tiles said its first-half profit slipped by a third after severe winter storms kept customers away and input and marketing costs rose. Pre-tax profit fell by 33% to £6.4m, as revenue increased 3.7% to £110.5m. Like-for-likes sales grew
04-Apr-2018 09:10 AM

Broker Forecast - Liberum Capital issues a broker note on Topps Tiles PLC

Liberum Capital today reaffirms its buy investment rating on Topps Tiles PLC (LON:TPT) and cut its price target to 95p (from 100p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
04-Apr-2018 07:36 AM

Topps Tiles revenue growth slows amid winter storms, 'softening' market

Topps Tiles said first-half revenue had risen 2.6% after a recovery in sales in the first quarter was offset by harsh winter weather hurting sales in the second quarter. The company also warned that underlying market conditions had softened. Revenue for
09-Jan-2018 07:55 AM

Topps Tiles 1Q sales rise

Topps Tiles said it achieved like-for-like revenue growth in the first quarter of 3.4%. The growth rate represented a significant improvement on the previous year, when first-quarter like-for-like sales grew by just 0.3%. The company said it ended the p
28-Nov-2017 07:13 AM

Topps Tiles profit slips

Topps Tiles booked a fall in first-half profit after UK consumers held back on big-ticket renovations. Pre-tax profit fell 15.0% to £17.0m, as revenue fell 2.9% to £211.8m, in line with company guidance. The company cut its final dividend
06-Oct-2017 10:20 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Topps Tiles PLC

Cantor Fitzgerald today downgrades its investment rating on Topps Tiles PLC (LON:TPT) to hold (from buy) and cut its price target to 75p (from 102p). Story provided by StockMarketWire.com...
04-Oct-2017 10:20 AM

Broker Forecast - Peel Hunt issues a broker note on Topps Tiles PLC

Peel Hunt today reaffirms its buy investment rating on Topps Tiles PLC (LON:TPT) and cut its price target to 100p (from 125p). Story provided by StockMarketWire.com...
 
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