Topps Tiles has reported a decline in sales for the three months ending June 27, attributing the weaker performance partly to a recent heatwave that caused tradesmen to pause work amid soaring temperatures. The tile and flooring retailer said its sales fell by 1.8 percent during this period, with like-for-like revenues remaining flat across its principal brand.

As a result of the challenging trading conditions, the company now expects its underlying profit for the full year ending in September to exceed £6.5 million, a significant decrease from the £9.2 million reported the previous year. Following the profit warning, Topps Tiles’ shares declined by 5 percent, or 1.8 pence, settling at 34 pence.

The company noted that while there may be some recovery in sales over the next six months as work resumes, it does not anticipate a complete catch-up within the current financial year. In response to the sustained pressures on its business, Topps Tiles has undertaken cost-cutting measures, including the closure of 23 stores in April. These closures represent roughly 7 percent of its total portfolio, which numbers 319 locations.

The retailer’s outlook reflects both the short-term impact of the heatwave on trading activity and ongoing structural challenges within the market. Management continues to focus on managing costs and adjusting operations as it navigates the uncertain economic environment.