THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Halfords performance strengthens full year earnings expectation.

Group remains cautious about the wider economic outlook in the near term and its impact on consumer spending.

CITY & CORPORATE

Halfords performance strengthens full year earnings expectation.

Group revenues in the 39 weeks to 1 January 2010 increased by 2.8 per cent with like-for-like sales increasing by 1.2 per cent. For the 13 weeks UK revenues increased by 1.6 per cent with like-for-like sales 0.2 per cent higher than the prior year. Continued economic weakness within its international markets resulted in Group revenues, in the quarter, increasing by 1.0 per cent with like-for-like sales declining by 0.4 per cent.

"We believe that Halfords brand strength allied to its leading customer offer in attractive markets will deliver sustainable earnings growth,’ said chief executive David Wild."While remaining cautious about the wider economic outlook in the near term and its impact on consumer spending, the board is now confident in delivering full year earnings growth in line with the upper end of market expectations."

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
National Minimum Wage Breakfast Briefing
National Minimum Wage Breakfast Briefing
20 September 2018
6th Floor 1, St. Martin's Le Grand London, EC1A 4AS
National Minimum Wage Breakfast Briefing