147.80p+0.20 (+0.14%)04 Dec 2024, 16:35
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Halfords Group PLC Shares News & Articles

Blue-chip FTSE 100 index falls ahead of key US data, Halfords shares plummet 31%

Stock prices in London were in the red at midday Wednesday, as the FTSE 100 suffered a blow from disappointing results from St James?s Place and Reckitt Benckiser.The FTSE 100 index was down 50.42 points, 0.7%, at 7,632.60. The FTSE 250 was down 120.21 points, 0.6%, at 19,043.45, and the AIM All-Share was down 4.26 points, 0.6%, at 741.39.The Cboe UK 100 was down 0.7% at 764.22, the Cboe UK 250 wa

Halfords breaks down as weak customer confidence and wet weather drive another profit warning

Demand weakened further in Q4Profit guidance lowered by 25%Flat profits expected next yearCar parts-to-bicycles purveyor Halfords (HFD) has cut its current-year profit guidance by 25% and sees flat profits next year at best, crushingly disappointing news that sent shares in the Worcestershire-based retailer skidding 26% lower to 148p.Halfords pinned the blame for the material earnings downgrade on

Blue-chip benchmark opens lower ahead of US GDP data as St James’s Place and Reckitt Benckiser slump

Stocks in London opened lower on Wednesday morning, amid steep falls for St James?s Place and Reckitt Benckiser, ahead of key US data.The FTSE 100 index opened down 15.96 points, 0.2%, at 7,667.06. The FTSE 250 was down 74.73 points, 0.4%, at 19,087.93, and the AIM All-Share was down 2.18 points, 0.2%, at 743.47.The Cboe UK 100 was down 0.3% at 767.49, the Cboe UK 250 was down 0.5% at 16,439.30, a

Thousands of UK retailers face uncertain 2024 as cost-of-living crisis bites, warns Begbies Traynor

Nearly 4,500 UK retailers in ?critical? distressOnline-only players under pressureFailures likely as ?debt storm breaks?According to the latest Red Flag Alert data from Begbies Traynor (BEG:AIM), almost 4,500 UK retailers are now in ?critical financial distress? as poor consumer confidence, sticky inflation and higher interest rates force consumers to pull in their horns ahead of Christmas.New dat

Halfords shares hit the skids as weak bike and tyre sales trigger profit downgrade

First half PBT up 15.8%But full year profit guide downgradedSofter sales in discretionary categoriesCar parts-to-bicycles retailer Halfords (HFD) has warned annual profits will fall short of previous guidance after seeing weak sales of discretionary big ticket products such as bicycles and tyres in the past few months as consumers contend with higher interest rates and the ongoing cost-of-living c

Could Musicmagpie be a steal for BT and why Redde Northgate might have wanted Halfords

BT and Aurelius circling MusicmagpieRedde Northgate/Halfords merger talks rumouredAnalyst sees some logic in proposed tie-upsPotential bids for two unloved stocks have come out of the blue and from unexpected suitors to boot, as the UK takeover machine continues to whir.Shares in Musicmagpie (MMAG:AIM) fluttered 30% higher to 25p after the refurbished electronics seller confirmed it is in early st

Halfords books 14% increase in revenue on robust demand for motoring services

Trading in line with expectationsShares up 42% over the past yearPre-tax profits of £48 million and £58 million expectedShares in Halfords (HFD) were up 2% to 191p in morning trading as the bikes-to-car retailer reported strong trading across the group for the 20 weeks to 18 August 2023.Halfords shares are up 42% over the past year as it continues to please cash-strapped motorists with its new s
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