Halfords – Recruitment Challenges Put The Brakes On Sales
Halfords Group plc (LON:HFD)’s revenue rose 10.5% in the first 20 weeks of the financial year. Compared to pre-pandemic trading, revenue rose 18.7%, or 16.8% on a like-for-like basis. That reflects double digit growth in all business areas. Q2 2021 hedge fund letters, conferences and more The group warned of challenges, including cost inflation, freight disruption and capacity issues, as well as recruitment challenges among technicians and HGV drivers. Halfords still expects to achieve full year pre-tax profit of over £75m. The shares fell 1.7% following the announcement. Halfords' Slowing Sal...