Halfords expected to report profits of £78.4m - BikeBiz

Halfords expected to report profits of £78.4m

Retail analysts believe Halfords is outperforming the High Street. On Thursday, the company releases its first set of full-year results since flotation.
Author:
Publish date:

According to a consensus of four analysts' forecasts, Halfords is expected to report a 79 percent rise in pretax profit of£78.4m versus £43.8m for the previous year.

Analysts believe current sales have slowed but are still better than most other group-size retailers.

Halfords has almost 400 stores across the UK and is expected to report like-for-like sales ahead by 8.9 percent in the year to April 1st.

Featured Jobs

cycles service promo

Shop Manager/ Head Mechanic

Cycleservice Limited I Sidmouth, East Devon I Salary: £22,000 Plus Share Incentives Available I Date Published Wednesday 30th May 2018

Giant St Paul Logo

Bike Fitter / Sales Person

Giant St Pauls I City of London I Salary: Negotiable Dependent on Experience I Date Published Thursday 21st June 2018

Sigma-Sports

Social Media Executive

Sigma Sports I Hampton Wick, Surrey I £22,000 to £24,000 per year I Date Published Monday 4th June 2018