Topps Tiles Share Discussion Threads

[mongi123] 09/9/2021 17:51

Sell or keep ?

[wad collector] 27/8/2021 12:29

Burst of sells at 75p gone through in last 30min curiously imbalanced.

[wad collector] 02/8/2021 15:48

Yep I fancied a week in Cannes but I decided to tile my bathroom instead.

[mongi123] 30/7/2021 10:16

Housing market is still very buoyant. Tiles market is still booming. More busier than before covid. People spending their holiday money on house improvements.

[boonkoh] 26/7/2021 21:12

Nope. Boom time in tiles has come to an end I'm afraid. Those in the industry in the supply chain see it already.Topps was struggling pre covid. They have done nothing to transform the brand, range, and shopping experience. Why would one expect better commercial performance now we're returning to pre covid environment?Topps was rescued as the rising tide lifted all ships. But now the tide is going out, there's nowhere to hide.

[mongi123] 26/7/2021 09:27

WTH should be going north not south.

[wad collector] 01/7/2021 15:40

Unfortunately it didn't yet.

Our omni-channel Retail business has performed well over the third quarter, reporting robust sales growth in the period following the re-opening of our retail stores to all customers on 12 April 2021. On a two-year basis, Retail like-for-like sales increased by 12.9% over the third quarter as a whole, and were up 18.5% in the eleven weeks since the stores fully re-opened. The successful launch of our extended outdoor range and increasing demand for our value offer has driven higher sales in the eleven week period and, while percentage gross margins in the period were slightly lower than previous guidance, our gross profits were strong. We are well placed to benefit from continuing high levels of consumer demand in the home improvement sector over the coming months.

[mongi123] 30/6/2021 07:39

Another good result should see shares go up. ?

[connor23] 19/5/2021 07:49

Agree its difficult to draw too much from interims, other than this is a very robust business. More importantly for now, the environment seems a propitious one for DIY

[wad collector] 18/5/2021 10:36

Hard to interpret any results this yr , really ought to compare to 2 yrs ago. Good to see a year high.

[mongi123] 18/5/2021 09:31

Looking good

[wad collector] 14/5/2021 21:41

Interims out on Tuesday.

[tole] 02/4/2021 18:59

https://www.fool.co.uk/investing/2021/03/31/why-i-think-topps-tiles-is-a-decent-reopening-stock-to-buy-now/

[mongi123] 01/4/2021 18:38

Yipeeee over the 70p mark

[whittler100] 31/3/2021 10:02

Well, it takes two views to make a market and IMO you have to assess the Q1 + Q2 against the expectation/forecasts for 2021. The revenue expectation for 2021 is £211.8m. Working through the numbers for retail and commercial turnover in Q1 + Q2 for 2021 it rather looks that even with lockdown restrictions that impacted retail in Q2, that TPT are marginally ahead of 50% of the full-year revenue forecast. In Q3 we have lockdown easing and this continuing into Q4 which should significantly boost retail numbers. So, IMO, we could well see a fairly significant “ahead of expectations” as we move into the future TUs for 2021. As ever, do your own research.

[boonkoh] 31/3/2021 07:38

Maybe the market sees it differently, but IMO it is a disappointing result.

[eca04bpm1] 31/3/2021 07:15

Doesn't seem to be a bad market reaction yet though

[boonkoh] 31/3/2021 07:06

Well, results are disappointing.I get lockdown closed stores. But also the industry overall has seen a surge in kitchen, bathroom product sales in the last 6 months. Which means new tiles as well. Looks like Topps has lost market share, and consumers have bought elsewhere online.

[boonkoh] 26/3/2021 15:13

Insider leak of results coming 31st Mar?

[mongi123] 26/3/2021 15:07

WTH. Going south again

[connor23] 25/3/2021 12:10

Nice. Perhaps a response to changing perceptions around holiday spending this summer? Feels like people will continue to spend on home improvements for now.

[mongi123] 25/3/2021 09:15

Whoooooppeeee

[wad collector] 25/3/2021 08:26

That's a nice start to the day , 70p breached . About time Cudmore resurfaced ?

[zingerburger] 15/3/2021 09:45

Breaking out

[bennodean] 11/3/2021 19:21

Hmmmmmm what?