Halfords Group PLC (LSE:HFD) shares rose after the car parts and cycling retailer reported a small fall in sales in the first half of its financial year but better profit margins. The FTSE 250-listed group maintained full-year guidance as it pointed out that the 0.1% decline in like-for-like sales for the half-year to 27 September was in comparison to a strong prior year, when sales grew 8.3%.
Halfords Group PLC (LSE:HFD) shares have slipped 5% in early trading as it revealed a drop in earnings. This morning, it revealed its full-year sales ticked close to 8% higher reaching £1.70 billion, but its profit slipped due to weakness in some of its markets.