Wednesday preview: Steady progress expected at Topps Tiles

Flooring specialist Topps Tiles is set to update the market on how trading has been going in the second quarter of the current financial year.

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Flooring specialist Topps Tiles is set to update the market on how trading has been going in the second quarter of the current financial year.

Peel Hunt is not expecting the like-for-like (LFL) sales decline to improve all that much, it thinks the business has continued to make steady progress since the step-down in trading in the July-September quarter, and could be moving steadily ahead of the broker's trading forecasts.

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