Halfords and Pets at Home both up from lows ahead of interim results on Wednesday
Shares in Halfords are down 42% in the year so far, changing hands at 205p
Company
Halfords Group PLC
LON:HFD
Halfords Group PLC is engaged in the retailing of auto, leisure and cycling products. The principal activity of the Company is that of a holding company. During the fiscal year ended March 28, 2008, the Company operated from 430 stores in the United Kingdom via overseas branches, 17 stores in the Republic of Ireland and three in the Czech Republic. Its product portfolio consists of three categories: car maintenance (including car parts, servicing consumables), car enhancement (including in-car entertainment systems, cleaning products, accessories, interior and exterior car styling products) and leisure (including cycles and cycle accessories and roof boxes, cycle carriers, child car seats and outdoor leisure equipment).
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Halfords leans further into motoring services with Lodge Tyre acquisition
The acquisition takes Halfords' garage service business to 656 garages, 253 consumer vans, 440 commercial vans and nine warehouses
Halfords leans on autocentres as cycle sales falter
Halfords has dropped prices across 2,000 essential motoring products.
Halfords target slashed after "disappointing" profit warning
Halfords’ shares nosedived after its profit warning yesterday when it reduced its guidance for the year ahead
Halfords reverses sharply on shaky profits guidance
In its full-year results statement, the retailer issued profits guidance well below the current market consensus and did not seem overly confident of hitting the reduced targets.
Halfords sales slow as Omicron hits bike demand
Bike sales tumbled almost 24% in the 13 weeks to end of December
Halfords lifts guidance as strong Autocentres drive revenue growth
The bikes and car parts group said it now expects underlying pre-tax profits of £80mln-£90mln for the current fiscal year, up from its previous forecast of above £75mln
Jerry can sales surge as motorists fill up, army not yet an option says government
George Eustice, the Environment Secretary, said: "The most important thing is that people buy petrol as they normally would."
Halfords says supply chain disruption puts brakes on bike business
The bikes and car parts company reiterated its full-year guidance for a pre-tax profit above £75mln
Halfords enters software market with Avayler launch
The company's first client for Avayler will be American Tire Distributors, one of the largest independent suppliers of tyres to the replacement tyre market in North America
Halfords can step up a gear but Pets at Home growth due for cat nap, says RBC
The analysts initiated coverage of the retailers after a strong past year
Halfords acquires bunch of Kent garages to expand Autocentres business
The cycling and motor accessories retailer said the deal meant it now has 374 garages
Halfords expects cycling surge to almost double group profits
The retailer and mechanic reported a better than expected performance in the fourth quarter as demand for bikes remains high
Halfords pedals higher as cycling boom continues to December-end
Sales jumped 12% in the 13 weeks to January 1, with growth in both retail and autocentres
Halfords doubles interim profits thanks to essential retailer status
Demand for cycling products is expected to continue during the winter though the motoring business may remain subdued
Halfords strong on the bike with ‘staycation’ products performing well even after summer
Profit before tax for the six months to October is expected to top £55mln
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Halfords warns winter profits could be lower after strong ‘staycation’ demand
Profit before tax for the six months to October is expected to come in at £35-40mln
Halfords offers 50% upside if investors come round to “clear, structural tailwinds” - broker
This cycling boom “will be more sustained than others before it”, analysts reckon
Halfords to see 80% upside for Liberum over good profit recovery
The broker said the current share price implies a long-term sales decline of 8% per annum, “which does not make sense”