|Bid||355.00 x 63000|
|Ask||398.00 x 23400|
|Day's range||384.70 - 389.10|
|52-week range||255.10 - 397.80|
|PE ratio (TTM)||24.92|
|Dividend & yield||0.24 (4.69%)|
|1y target est||356.75|
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.
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.
** Brokers back recovery forecast UK retailer M&S ** M&S said improving profit margins and steady market share showed its struggling clothing business was on the mend ** Barclays says pleased to see further ...