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Halfords on a roll as Britons ride out the pandemic on bikes and in cars

1 month ago   |   By The Guardian

But faced with online rivals, the company is switching focus from sales to servicing, especially of electric cars Halfords, Britain's biggest bicycle and motoring parts retailer, has been a beneficiary of lockdown as the country got on its bike and used its car to take domestic holidays. On Thursday the company expects to report a surge in pre-tax profits to between £90m to £100m for the year to April, beating analysts' £70m estimates. Its profits were just under £56m last year and £59m in 2019.
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