Multi-channel sales driven forward at Halfords

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Halfords has reported revenues of £809.5m, giving an operating profit of £104m, for the 53 weeks to 3 April. On a comparable 52 week basis, earnings per share are up 8.5 per cent to 31.8p, with profit before tax up 2.4 per cent to £92.4m.

The groups preliminary results show like-for-like sales were down by 3.3 per cent over the period, but there has been 90 per cent growth in multi-channel trading. This has been driven by the retailer’s Reserve & Collect service. Cycling and car maintenance categories have continued to perform well.


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