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Motoring and cycling retailer Halfords sees like-for-like sales jump 7.1% after warm summer weather boosts bikes and camping

Halfords, which operates 367 stores and 497 consumer garages, expects an underlying pre-tax profit of £55 million to £65 million for the full year.
Halfords, which operates 367 stores and 497 consumer garages, expects an underlying pre-tax profit of £55 million to £65 million for the full year.

Investors took fright after Halfords cautioned that its investment plans would put pressure on second-half profits. The Redditch-based retailer operates 367 stores and 497 consumer garages. Cycling sales climbed 8.3% and motoring 7.3% in the six months to October 2. Bikes, camping equipment and air conditioning services all performed strongly during the unusually hot summer.

Halfords still expects an underlying pre-tax profit of £55 million to £65 million this year.

Chief executive Henry Birch said the firm enters the second half "with confidence".

The autocentres business also grew, with sales up 6.1% on last year.

MoreCity A.M.Halfords shares hit speedbump despite accelerating salesLBCHalfords sales jump after warm weather boosts summer tradingAOL.co.ukHalfords summer sales surge 7.1% as warm weather drives motoring and cycling demand - AOL.co.ukProactive financial newsHalfords says first-half sales rose 7.1% as warm weather boosted seasonal demand - Proactive financial newsRetail WeekHalfords sales boosted by warm summer weather - Retail Week
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