October 2, 2019 / 6:51 AM / 19 days ago

Topps Tiles Q4 like-for-like sales drop

Oct 2 (Reuters) - Britain’s biggest tile retailer Topps Tiles on Wednesday reported lower like-for-like sales for its final quarter, hit by tougher economic conditions that has dampened consumer confidence.

The company, which expects full-year adjusted revenue to be around 214 million pounds ($262.32 million), said like-for-like sales fell 1.9% in the fourth quarter.

$1 = 0.8158 pounds Reporting by Tanishaa Nadkar in Bengaluru; Editing by Bernard Orr

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