Shares in Halfords Group PLC (LSE:HFD), the motoring and cycling retailer and garage operator, fell 9% to 254.50p on Wednesday, down 23.50p from Tuesday's close of 278.00p, despite a trading update showing like-for-like sales growth of 7.1%. Halfords said first-half like-for-like sales, which strip out the effect of new and closed stores, rose 7.1%, with Retail up 7.7% and Autocentres, its gara...
Halfords Group PLC (LSE:HFD), the motoring and cycling retailer and garage operator, said like-for-like sales rose 7.1% in the 26 weeks to 2 October, supporting the upgrade to its full-year profit outlook announced on 27 August. Like-for-like sales rose 7.7% in the retail division, which accounts for about 60% of group revenue.
Panmure Liberum, the broker, has raised its target price for Halfords Group PLC (LSE:HFD) to 300 pence from 260 pence, maintaining its 'buy' rating on the car parts and cycling retailer. The upgrade follows Halfords' announcement that it now expects underlying pre-tax profit of between £55 million and £65 million for the financial year to March 2027, ahead of current market consensus of £52.6 m...
Halfords Group PLC (LSE:HFD) has upgraded its profit expectations for the current year after stronger-than-expected trading, helped by momentum across the underlying business and unusually warm summer weather. The motoring and cycling retailer now expects underlying profit before tax of between £55 million and £65 million for the year, ahead of current market consensus of £52.6 million.
Halfords Group PLC (LSE:HFD) has more road ahead after Panmure Liberum lifted its target price to 260p from 190p, arguing that the motor and cycle retailer's recent re-rating is backed by improving earnings momentum across the business. The broker kept its Buy rating on the shares, which closed at 217p on 25 June, and raised FY27 pre-tax profit forecasts to £54mln, slightly ahead of the company...
Shares in Halfords Group PLC (LSE:HFD) rose 13% to 203.76p after the motoring and cycling retailer reported underlying profit ahead of expectations and its highest gross margin in a decade. Group sales grew 4.8% on a like-for-like basis in the 53-week period to 3 April 2026, with retail up 4.1% and the Autocentres servicing business up 5.8%.
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