|Bid||0.00 x 17200|
|Ask||0.00 x 248900|
|Day's range||330.40 - 335.80|
|52-week range||305.40 - 389.50|
|PE ratio (TTM)||11.57|
|Earnings date||9 Nov 2017|
|Dividend & yield||0.22 (5.46%)|
|1y target est||347.14|
Jill McDonald picks up something of a poisoned chalice when she starts as boss of clothing at Marks & Spencer (Frankfurt: 534418 - news) on Monday, with little room to manoeuvre as she tackles one of the biggest jobs in British retailing on her first foray into fashion. McDonald's retail credentials are strong, but they were earned as CEO of bicycles to car parts company Halfords and she will have to work within a blueprint set out by her new boss as she looks to deliver the sustained sales and profit growth that has eluded M&S for a decade in competition with a burgeoning fast-fashion market. To compound matters, Rowe and predecessor Marc Bolland have already used sourcing directors Mark and Neal Lindsey to boost profit margins by changing the way M&S buys and makes clothes, taking away any easy gains for a new boss.
Halfords is to replace its departing chief executive Jill McDonald with the boss of Dixons Carphone (Frankfurt: CWB.F - news) 's software business. Honeybee CEO Graham Stapleton will begin work in mid-January, Halfords said. The cycle-to-auto parts retailer was told in May that Ms McDonald was leaving to lead a new recovery effort in the struggling fashion and homewares division of Marks and Spencer.
British bicycles to car parts retailer Halfords on Wednesday named Dixons Carphone executive Graham Stapleton as its new chief executive with effect from January next year. Stapleton will succeed Jill ...
Britain's top share index slipped on Tuesday as financials fell amid lingering jitters over the North Korean crisis. While investors were in no mood for a sell-off, caution was still very much present. ...
It has become a regular feature during the 15 months since the UK voted to leave the EU – a company, publishing their full or half year results, complains the subsequent drop in the pound has hit profits by pushing up their costs or eating into the disposable incomes of their customers. Its trading update on Tuesday, which also marks the swansong for outgoing chief executive Jill McDonald, indirectly credits the drop in the pound for encouraging people to take "staycations" at home this summer.
British bicycles and car part retailer Halfords maintained its full year profit guidance on Tuesday after summer sales were boosted by more Britons opting to holiday at home due to the weaker pound. The firm reported retail like-for-like sales growth of 3.5 percent in the 20 weeks to August 18, with a strong performance in camping, roof boxes and cycle carriers complementing growth in service-related sales. Total (LSE: 524773.L - news) group sales growth was 4.8 percent, indicating the firm has so far shrugged off a squeeze on consumer spending.
British bicycles and car part retailer Halfords maintained its full year profit guidance on Tuesday as it reported retail like-for-like sales growth of 3.5 percent in the 20 weeks to August 18. Halfords ...
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
A surprise dip in underlying food sales knocked shares in Marks & Spencer (Frankfurt: 534418 - news) on Tuesday, though the British retailer said its recovery remained on track thanks to a second consecutive quarterly increase in full-price clothing sales. Chief Executive Steve Rowe, a 27-year company veteran who took over in April 2016, said his strategy of reducing prices for entry-level clothing ranges, cutting back on clearance sales and promotions, and improving fit, availability and service was working. In clothing and homeware, M&S's full-price sales - a key guide to profitability - rose 7 percent in the 13 weeks to July 1, its fiscal first quarter, reflecting 27 fewer promotions in the quarter versus a year earlier and no clearance sale.
** Marks & Spencer falls 2.3 pct after reporting falling food and clothing sales, despite the company insisting a turnaround was "on track" ** Q1 clothing LfL down 1.2 pct versus a fall of around ...
British bicycles to car parts retailer Halfords is seeing early signs of a boost to its business from more Britons opting to holiday in the UK rather than overseas due to the weaker pound, its boss said on Thursday. Halfords said its like-for-like retail sales rose 3.9 percent in the 15 weeks to April 28. "We did see a real pick-up in some staycation related items, such as roof boxes and cycle carriers," Chief Executive Jill McDonald told reporters.
The slump in sterling has thrown a spanner in the works for Halfords as it dragged annual profits lower - but the business hopes to take advantage by harnessing a rise in staycations. Halfords said the collapse in the pound since the referendum last year, driving up the price of imported goods, had cost it £14m.
British bicycles to car parts retailer Halfords on Thursday reported a 7.5 percent fall in annual profit, hurt by the post-Brexit vote fall in the value of the pound that increased the costs of imported goods. Halfords' results for the year to March 31 are the last to be presented by Chief Executive Jill McDonald. The company made a pretax profit before one-off items of 75.4 million pounds ($97.9 million) - slightly ahead of market expectations of 74.8 million pounds, according to Reuters data, but down from 81.5 million pounds in 2015-16.
Marks & Spencer (Frankfurt: 534418 - news) named Archie Norman as its new chairman on Friday, with the 63-year-old retail veteran's appointment lifting the clothing and food retailer's shares. Norman, who helped to revive food retailer Asda in the 1990s, will join M&S at a critical time.
British homewares retailer Dunelm Group (LSE: DNLM.L - news) Plc said half-year pretax profit fell 26 percent, hurt by a weaker market and short-term disruption to the supply chain at its recently opened distribution centre in Stoke. Dunelm, which sells items including bedding, curtains and furniture, warned that it would increase prices on a number of products in the coming months to offset the impact of a weak pound. Dunelm operates 161 stores, of which 157 are out-of-town superstores and the other four located on high streets.
Halfords has paid £8m for a stake in a mobile tyre-fitting service as it expands its motoring interests. The autoparts-to-cycling retailer said its investment in TyresOnTheDrive.com included an operating agreement. It credited the performance, during the 15 weeks to 13 January, on a 13% jump in revenue at its retail operations - with growth across the board.
The post Brexit vote slump in sterling makes it inevitable that bicycle prices will rise in 2017, the boss of Britain's UK's largest bike seller, Halfords , said on Thursday. Robust growth in consumer spending has been one of the main factors sustaining Britain's economy since the Brexit vote. Jill McDonald, chief executive of the bicycles to car parts retailer, said some of its suppliers were raising their prices and some competitors were raising their retail prices by 10-15 percent.