2021 was a record-breaking year for Topps Tiles with revenue of £228.0 million and retail like-for-like sales growth of 19.6%. This was despite stores being closed to homeowners for just over three months between January and April due to Covid lockdown. (Topps Tiles year ends 2 October 2021)
- The business benefited from a buoyant home improvement market during this period, and is now aiming for 20% market share in the UK tile market by 2025.
- Commercial revenue recovered in H2 with sales growth of 55%
- Topps Tiles has launched a new environmental goal of being carbon balanced by 2030
- Recent like for like sales in the eight weeks to 26 November is down by -0.7% against a very strong period last year but is up by 18.4% compared to the same 'normal' period in 2019.
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