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Halfords Q3 Revenue Edges Up

Halfords Group plc (HFD.L), a retailer of motoring and cycling products and services, Thursday said its revenue for the third quarter increased 1.6% from the same period last year.

On a like-for-like basis revenue growth was 2%.

For the full year, the company still expects profit before tax to be in the range of 48 million pounds- 53 million pounds.

"Whilst Q3 sales were below expectations, a strong start to Q4 trading, further cost action and resilient areas such as B2B performing well, mean that we are confident in the Q4 outlook," Halfords said in a statement.

by RTTNews Staff Writer

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