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Topps Tiles (TPT) investor relations material
Topps Tiles Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 FY26 group revenue was £75.6 million, down 1.8% year-over-year, impacted by challenging market conditions and prior store closures.
Excluding CTD, group revenue rose 0.6% year-over-year to £69.4 million.
Like-for-like revenue was flat year-over-year, with a weaker second half of the quarter.
Outperformed the wider market, which declined 1.6% in the quarter.
Financial highlights
Adjusted Profit Before Tax for FY26 is now expected to be above £6.5 million.
Online revenue (including CTD) increased to 23.3% of total in Q3 FY26, up 2.3ppts from H1 and 3.7ppts year-over-year.
New "hard surface" category grew 10.9% year-over-year, driven by acoustic panels, outdoor tiles, and shower panels.
Outlook and guidance
Major self-help initiatives on track, including network optimisation, flexible labour model, and head office role consolidation.
Board remains confident in delivering medium-term ambitions despite near-term headwinds.
- Adjusted revenue up 11.6% to £142.6m; digital and trade growth drive profit resilience.TPT
H1 202621 May 2026 - Stable revenue and digital growth offset market decline; cost actions to boost profit.TPT
Q2 2026 TU1 Apr 2026 - Mission 365 targets £365m sales and 8–10% margins, with digital and trade growth offsetting market decline.TPT
H2 202412 Jan 2026 - Q1 2026 delivered 3.7% revenue growth and key strategic milestones, including the Fired Earth acquisition.TPT
Q1 2026 TU7 Jan 2026 - Record sales and profit growth, digital gains, and premium expansion drive positive outlook.TPT
H2 20255 Dec 2025 - Sales and profit growth driven by digital, trade, and CTD integration, with strong H2 momentum.TPT
H1 202521 Nov 2025 - Record turnover and strong segment growth position the Group for further expansion in 2026.TPT
H2 2025 TU1 Oct 2025 - Q3 sales up 10% year-over-year, with strong trade momentum and improved margins.TPT
Q3 2025 TU29 Sep 2025 - Sales fell 5.7% but Topps Tiles outperformed the market and expects improvement in 2025.TPT
Trading Update13 Jun 2025
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