Topps Tiles set for recovery

On Wednesday, tiles retailer Topps Tiles (LON: TPT) will give investors some indication about how well demand is recovering following the reopening of stores. Topps is on course for a significant loss in the year to September 2020, but the third quarter trading statement will help to estimate how large the loss could be.

Topps closed all its sites at the beginning of lockdown and started to reopen them from 22 April. Initially, there was a click and collect service. Controlled customer entry has subsequently commenced.

The third quarter figures are likely to represent the low point of th...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.