Halfords facing significant headwinds

Like-for-like sales are still heading south in 2012 at Halfords, the retailer focused on the needs of car and bike owners, albeit not as fast as they back-pedalled in 2011.

Like-for-like sales are still heading south in 2012 at Halfords, the retailer focused on the needs of car and bike owners, albeit not as fast as they back-pedalled in 2011.

The board anticipates underlying group profit before tax of between £90m and £93m for the year to March 30th 2012 and group sales of around £861m, of which around £751m is expected to come from the Retail side with around £110m chipped in by the Autocentres.

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