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Topps Tiles (TPT) investor relations material
Topps Tiles Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved fifth consecutive quarter of like-for-like growth in the Topps Tiles brand, with Q1 2026 revenue (excluding CTD) up 3.7% year-over-year, outperforming the market.
Topps Tiles brand like-for-like sales grew 2.0% year-over-year, with trade segment up 3.7% and continued expansion in strategic categories.
Group sales including CTD rose 1.6%, with CTD now operating 22 stores versus 31 last year; all required CMA disposals completed.
New CEO Alex Jensen assumed leadership in December 2025, following the acquisition of the Fired Earth brand and assets.
Financial highlights
Group online revenue (including CTD) reached 19.7% of total Q1 revenue, up 70bps from FY2025 and 270bps from Q1 last year.
CTD stores delivered like-for-like growth of 4.7% in the period, supporting plans for profitability in FY2026.
Outlook and guidance
Confident in delivering another year of strategic and financial progress, with a solid foundation for CTD profitability.
Fired Earth acquisition expected to drive further growth and opportunity in 2026 and beyond.
- Mission 365 targets £365m sales and 8–10% margins, with digital and trade growth offsetting market decline.TPT
H2 202412 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 - Q3 sales declined 6.9% year-on-year, but online growth and market share gains continued.TPT
Q3 2024 TU13 Jun 2025 - H1 sales up 4%, with robust trade and digital growth and improved profitability.TPT
Trading Update6 Jun 2025 - Q1 sales up 4.6% and CEO Rob Parker to retire, with succession process initiated.TPT
Q1 2025 TU6 Jun 2025
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