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Halfords Results

Third Quarter results stated:

Revenue increased on sales that were slightly ahead of its expectations, driven by lower margins in its cycling division and good holiday buying
Like-for-like revenue for the 15 weeks ended Jan. 12 rose 2.7% compared with a year earlier
Service-related sales were particularly strong in the third quarter, up 8.6%
Halfords expects the U.K. retail sales environment to remain subdued for the remainder of fiscal 2018
Pretax profit for the year will likely be broadly in line with market expectations

As of 9.14am the stock was trading down c.0.63% at c.349.4p

 


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