image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Our latest issue will be released in 11 days, don't miss out!

Topps Tiles - Two year LFL sales up c.14%

November 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • TPT
  • Price:
  • 146p
Having zoomed up 50p to a high of 165p since May the shares have pulled back, but the future is still bright with mortgage lending, house sales, consumer confidence and employment all flashing green for go. Topps’ pre-close update for the year ending 3 October noted that revenues are expected to be £212m (2014: £195.2m over 52 weeks) with like-for-like revenues increasing c.5.3% on the prior year, which itself rose 8.1%, reflecting growth in market share. On a two-year basis like-for-like sales have grown c. 14%.The group has further developed initiatives including Inspiration, an online “visualizer” to its stores and the launch of 17 new ranges. It also opened 3 new core stores and 2 Boutiques in Q4 a ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe