The company has witness a significant sales increase during the festive period thanks to the ongoing demand for bikes.
Halford’s group sales rose by 11.5 per cent in the 13 weeks to January 1 and on a like-for-like basis, sales were up by 9.8 per cent across its retail division, which has been driven by 35.4 per cent boost in cycling sales due to a huge demand for adult bikes as well as e-bikes and e-scooters.
Graham Stapleton, Chief Executive, commented: “We are pleased to have delivered a strong performance under hugely challenging circumstances, including our best ever Christmas week. Despite a large reduction in traffic on the roads, our strategically important Autocentres business saw significant growth, with particularly strong demand for the services of our growing fleet of Halfords Mobile Expert vans.”
