Halfords sees FY profits at lower end of guidance, shares tumble

23rd Nov 2022 08:11

(Sharecast News) - Halfords warned on Wednesday that full-year underlying pre-tax profit was set to be at the lower end of its guidance range as it pointed to a "softening" in more discretionary areas of spending.

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Halfords acquires LTC Trading and Lodge Tyre subsidiary

5th Oct 2022 07:58

(Sharecast News) - Motoring and cycling products retailer Halfords has acquired LTC Trading Holdings and its Lodge Tyre subsidiary in a deal valued at as much as £37.2m.

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Halfords backs FY profit guidance as revenues rise

7th Sep 2022 08:19

(Sharecast News) - Halfords backed its full-year profit guidance on Wednesday following a good performance across the business, as it reported a rise in revenues.

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Halfords fined over unwanted marketing emails

6th Sep 2022 10:51

(Sharecast News) - Halfords has been fined for sending marketing emails to nearly 500,000 people without their consent.

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Panmure cuts Halfords to 'hold', shares tank

23rd Aug 2022 09:15

(Sharecast News) - Halfords shares tanked on Tuesday after Panmure Gordon downgraded the stock to 'hold' from 'buy' and slashed the price target to 150p from 300p.

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Halfords tumbles as it warns of uncertanty ahead

16th Jun 2022 08:17

(Sharecast News) - Halfords shares were well into negative territory on Thursday after it warned of a 23% fall in profits this year amid surging inflation and economic uncertainty, despite reporting strong full-year growth.

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Halfords hails 'exceptional' Autocentres performance but bike sales drop

13th Jan 2022 08:22

(Sharecast News) - Halfords backed its full-year profit expectations on Thursday as it reported a strong third-quarter sales performance from Autocentres but a drop in bike sales.

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Halfords buys National garage chain for £62m

2nd Dec 2021 07:52

(Sharecast News) - Halfords has agreed to buy the owner of the National garage chain for £62m in cash to rev up the group's expansion of its garage business.

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Halfords lifts profit expectations, shares surge

10th Nov 2021 09:08

(Sharecast News) - Halfords upgraded its outlook for full-year profits on Wednesday as it reported growth in first-half profit and revenue, sending shares in the motoring and cycling products retailer surging.

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Halfords appoints Virgin Active exec Jo Hartley as new CFO

13th Oct 2021 09:48

(Sharecast News) - Halfords has appointed Jo Hartley as its new chief financial officer, succeeding Loraine Woodhouse.

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Halfords backs FY profit expectations but warns over supply chain disruption

8th Sep 2021 09:23

(Sharecast News) - Halfords backed its full-year profit expectations on Wednesday as it reported a jump in revenues, but warned that supply chain disruption was affecting its bicycles business.

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Halfords FY profits boosted by boom in demand for e-scooters, e-bikes

17th Jun 2021 09:34

(Sharecast News) - Halfords reinstated its dividend on Thursday and posted a rise in full-year profits and revenue as it benefits from a boom in demand for e-bikes and e-scooters amid the pandemic.

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Sunday newspaper round-up: Covid-19 restrictions, Airline industry, Aviva

13th Jun 2021 11:42

(Sharecast News) - Britain will have a six-week window to open up in the summer or risk keeping Covid-19 restrictions in place until the spring, ministers fear. Boris Johnson on Saturday gave his clearest signal yet he is planning to delay a full return to normality for another month, as he said he wanted to give Covid-19 vaccines "extra legs" in "the race between the vaccines in the lockdowns". - Sunday Telegraph

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Tuesday broker round-up

8th Jun 2021 13:54

(Sharecast News) - tinyBuild: Berenberg reiterates buy with a target price of 295p.

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RBC Capital initiates coverage of Pets at Home, Halfords

8th Jun 2021 07:44

(Sharecast News) - RBC Capital Markets initiated coverage of Pets at Home and Halfords on Tuesday, arguing that the former has a fairly full valuation, while the latter is "shifting up a gear".

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