Full Year Results 

Commercial arm delivers for Topps Tiles

Commercial arm delivers for Topps Tiles

Topps Tiles' (TPT) results were at the top end of expectations for FY2019, but retail like-for-like revenue fell 7.2 per cent in the first eight weeks of current financial period as the call for a snap election dented consumer confidence. The step backwards by the consumer was “in line with previous experience with elections”, according to chief executive Matthew Williams, but there's no guarantee that the retailer will be able to claw back sales, even if the election provides a definitive outcome.

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