Halfords’ Leisure Unit Reports Comps Grew 2.2 Percent in Q4

April 6, 2012
SGB Update

Halfords Group plc said comp sales at its Cycling business increased by 5.7 percent in the fourth quarter ended March 30, compared to 8.7 percent growth a year earlier, driven by strong performance in premium and children’s bikes.


The company, which operates the United Kingdom’s leading chain of independent auto centers, reported its overall Leisure sales including outdoor products, rose 2.2 percent on a like-for-like basis. That compared to 3.1 percent for Car Maintenance, 8.2 percent for its Halfords Autocentres and a decline of 14.5 percent for Car Enhancement, which sells and installs auto care aftermarket products for customizing and cleaning cars.


Halfords' Leisure brands include its in-store Bikehut department, for cycles and cycling accessories, Apollo and Carrera cycles and exclusive UK distribution rights of the premium ranged Boardman cycles and accessories. In outdoor leisure, it sells a premium range of camping equipment, branded URBAN Escape.


 

Halfords’ Leisure Unit Reports Comps Grew 2.2 Percent in Q4

April 5, 2012
SGB Executive SGB Update
by

Halfords Group plc said comp sales at its Cycling business increased by 5.7 percent in the fourth quarter ended March 30, compared to 8.7 percent growth a year earlier, driven by strong performance in premium and children’s bikes.


The company, which operates the United Kingdom’s leading chain of independent auto centers, reported its overall Leisure sales including outdoor products, rose 2.2 percent on a like-for-like basis. That compared to 3.1 percent for Car Maintenance,  8.2 percent for its Halfords Autocentres and a decline of 14.5 percent for Car Enhancement, which sells and installs auto care aftermarket products for customizing and cleaning cars.

 
Halfords' Leisure brands include its in-store Bikehut department, for cycles and cycling accessories, Apollo and Carrera cycles and exclusive UK distribution rights of the premium ranged Boardman cycles and accessories. In outdoor leisure, it sells a premium range of camping equipment, branded URBAN Escape.

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