Halfords Shares Surge: Reports Positive Sales Growth, Outlook Steady

Halfords Group (LON: HFD) has released a trading update for the 26 weeks ending September 26, 2025, showcasing sustained progress and reaffirming its full-year outlook.

The report indicates positive momentum in both its Retail and Autocentres segments.

Like-for-like (LfL) sales grew by 4.1%, with Retail LfL sales up 4.0% and Autocentres LfL sales increasing by 4.3%. Reported Group sales growth reached 3.3%, with Retail and Autocentres following suit at 3.3% and 3.4%, respectively.

Gross margin expansion was achieved year-on-year, building upon the strong performance delivered in FY25. This improvement is partly attributed to planned cost savings initiatives designed to mitigate inflationary pressures.

Halfords reported strong cash generation and disciplined stock management, further strengthening its balance sheet from the net cash position reported at the end of FY25.

The company maintains a comfortable position with published consensus for the full-year outlook. This suggests confidence in its ability to sustain its current trajectory and meet market expectations.

The upcoming interim results, scheduled for publication on November 27, will include a more detailed Group strategy update.

Henry Birch, Chief Executive, stated, “I am very pleased with our progress in the first half of FY26 and want to thank all our colleagues for their efforts in delivering this performance. I am looking forward to sharing our plans for the future at our interim results announcement next month.”