GENERAL MERCHANDISE NEWS
Halfords sales rise
4 October, 2007 | by Retail Bulletin
Gross profit percentage remains in line with expectation.
Sales rose 8.5 per cent on last year with like for like sales up 5.5 per cent. Ian McLeod, Chief Executive, said ‘Our sales and service strategy, particularly in cycling and camping, has delivered an improvement in like-for-like sales growth against strong comparatives last year. This result continues to demonstrate both Halfords’
resilience and its defensive qualities, underpinning our confidence for the second half.’
