Topps Tiles shares jump as group pushes customers to buy online.

Shares in Topps Tiles rose about 3.7% after a trading update that reported record 2025 revenues and rising online sales, which made up 19.7% of group revenue in the quarter.

Topps Tiles issued a trading update on Wednesday and its shares rose in early trading. The company said it recorded "record revenues" in the 2025 financial year and reported a fifth consecutive quarter of like-for-like sales growth. Online sales continued to grow and made up 19.7% of group revenue in the quarter. The update is the first under chief executive Alex Jensen, who took formal charge in December. Key details: - Shares rose 3.73% (1.66p) to 46.16p in early trading and have climbed about 24% over the past year, though they remain below historic highs. - Group revenue grew 3.7% year-on-year in the 13 weeks to 27 December excluding CTD; including CTD, group sales rose 1.6%. - The business recorded a fifth consecutive quarter of like-for-like growth; the core Topps Tiles brand saw like-for-like sales rise 2% and trade customer revenues increase 3.7%. - Online sales accounted for 19.7% of group revenue in the quarter; the company said recent digital investment has boosted engagement and that a trade-focused app is on track for a Q3 launch. - CTD now operates 22 stores after Competition and Markets Authority–required disposals; remaining CTD stores delivered like-for-like growth of 4.7%, and the group aims to return CTD to profit in the 2026 financial year. Topps Tiles also acquired Fired Earth assets and stock in December 2025 for around £3m. Summary: The trading update coincided with a share rise and highlights growth across the group's channels, including a stronger online mix. Management expressed confidence in further strategic and financial progress while integrating CTD and Fired Earth assets and preparing a trade app launch in Q3. The article mentions some analysts remain cautious because the shares are still below historic highs.