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Evening Standard
Evening Standard
Holly Williams

Topps Tiles cautions over costs as profits slump on weak home improvement market

Topps Tiles Topps Budget
Retailer Topps Tiles has revealed its profit nearly halved over the past year as it grappled with a tough home improvement market and cautioned over “significant” cost pressures in 2025 ahead of new Budget measures. - (PA Media)

Retailer Topps Tiles has revealed its profit nearly halved over the past year as it grappled with a tough home improvement market and cautioned over “significant” cost pressures in 2025 ahead of new Budget measures.

The flooring specialist reported underlying pre-tax profits of £6.3 million for the year to September 28, down from £12.5 million the previous year, as Topps Tiles same-store sales slumped 9.1%.

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