Halfords interim profits fall; Budget changes to add £23m in costs

26th Nov 2024 07:53

(Sharecast News) - Retailer Halfords said on Tuesday that changes to National Insurance contributions and minimum wage announced in last month's Budget will increase its costs by around £23m, as it reported a dip in interim revenue and profit.

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Halfords sales dip as consumers cautious ahead of Budget

22nd Oct 2024 09:25

(Sharecast News) - Halfords reported a small dip in sales on Tuesday as it said consumers remained cautious ahead of the Budget.

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Halfords full-year profits slump

27th Jun 2024 07:55

(Sharecast News) - Halfords posted a slump in full-year profits on Thursday as it pointed to weak consumer confidence.

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London close: Stocks slip as US GDP growth decelerates

28th Feb 2024 15:01

(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.

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Halfords Christmas sales slump as customers hit the brakes

25th Jan 2024 07:55

(Sharecast News) - UK car parts and bike retailer Halfords on Thursday reported weaker-than-expected third-quarter sales, driven by a poor Christmas as customers reined in discretionary spending amid the cost-of-living crisis.

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Redde Northgate boosts full-year outlook, shares spark

6th Dec 2023 10:47

(Sharecast News) - Redde Northgate boosted its full-year outlook on Wednesday, following a solid first half.

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London close: Stocks mixed as US GDP growth tops forecasts

29th Nov 2023 16:40

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.

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Halfords narrows full-year profit range

29th Nov 2023 07:22

(Sharecast News) - Halfords tumbled on Wednesday after the motoring and cycling products retailer narrowed its guidance range for annual profit as it highlighted a softening in demand for big-ticket discretionary categories.

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Redde Northgate approaches Halfords over £1.4bn tie up - report

20th Nov 2023 08:10

(Sharecast News) - Van rental outfit Redde Northgate has made a £1.4bn merger approach for high street bike and car repair chain Halfords, the Sunday Telehgraph reported, citing unnamed sources.

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Halfords said to be joining suitors for online retailer Wiggle

16th Nov 2023 13:07

(Sharecast News) - Halfords is reportedly joining a peloton of suitors for the stricken online retailer Wiggle.

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Japan's Bridgestone takes 5% stake in Halfords software business

1st Nov 2023 09:43

(Sharecast News) - Halfords said on Wednesday that Bridgestone Americas will take a 5% stake in its Avayler business for $3m in cash.

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Halfords surges on takeover speculation

12th Oct 2023 15:33

(Sharecast News) - Halfords shares surged on Thursday after markets blog Betaville reported in one of its 'uncooked alerts' that the motoring and cycling products retailer was at the centre of takeover speculation.

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Halfords revenues underpinned by 'needs-based' categories

6th Sep 2023 09:11

(Sharecast News) - Retailer Halfords reported a jump in revenues on Wednesday, underpinned by demand for motoring services.

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Halfords expecting return to profit growth

21st Jun 2023 09:45

(Sharecast News) - Halfords posted a decline in full-year profit on Wednesday but said it expects a return to profit growth.

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RBC Capital downgrades Halfords, shares slump

26th May 2023 09:31

(Sharecast News) - Halfords was under the cosh on Friday after RBC Capital Markets downgraded the shares to 'sector perform' from 'outperform' and cut the price target to 220p from 230p.

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