UK Motor Parts Retailer Halfords’ First-Half Sales Get a Summer Boost

Halfords shares hit speedbump despite accelerating sales

Halfords’ share price recovery is facing a bump in the road after warnings of a softer second half overshadowed a boost in sales.  Shares in the motoring retailer fell as much as eight per cent to 256p on Wednesday morning, putting the brakes on the stock’s gradual recovery in recent months.  Halfords posted seven per [...]

UK motor parts retailer Halfords' first-half sales get a summer boost

Halfords sales jump after warm weather boosts summer trading

Nevertheless, shares in the company dropped on Wednesday morning.

Halfords’ summer cycling sales surge by over 8% as retailer focuses on growing e-bike offering

After a warm, busy summer, things are still on the up for Halfords’ cycling division, which has once again posted the largest surge in sales across the retailer’s bike and motoring sectors.In a similar manner to Shimano’s role in the global cycling market, Halfords, Britain’s largest cycling retailer, is generally regarded as a bellwether for ...

Halfords maintains profit guidance as H1 revenues rise 7.1%

The retailer expects annual profits of up to £65m following strong demand for cycling and motoring products during a warm summer trading period.

Halfords shares sink after announcing investment in marketing and technology

Halfords reported strong first-half trading, with like-for-like sales up 7.1%, confirming the profit upgrade it announced in August. The motoring and cycling retailer said retail like-for-like sales rose 7.7% in the 26 weeks to 2 October, with both its motoring and cycling categories growing strongly, up 7.3% and 8.3% respectively. Its autocentres business also grew. […]