UK's Halfords jumps as warm summer drives profit outlook above expectations

Halfords

27/08/2026 08:10

** Shares of retailer Halfords HFD.L jump 11.2% to 268p; hitting its highest since March 2022 
** Co expects FY27 profit before tax of £55 mln-£65 mln($74.73 mln-$88.32 mln), above company-compiled consensus of £52.6 mln
** Says unusually warm summers boosted demand for bicycles, camping gear and outdoor equipment, with heightened seasonal demand expected to add profit in mid-single-digit millions of pounds
** Says annual results are now expected to be weighted towards the first half, reflecting strong seasonal demand
** As of last close, HFD up ~71% YTD

($1 = 0.7359 pounds)

 (Reporting by Atharva Singh in Bengaluru)
 ((Atharva.singh@thomsonreuters.com))