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Halfords third-quarter sales jump on pandemic-driven cycling demand

Published 14/01/2021, 07:32
Updated 14/01/2021, 07:35
© Reuters.

(Reuters) - Bicycle and car products retailer Halfords Group (LON:HFD) Plc posted an 11.5% jump in third-quarter sales on Thursday, boosted by a coronavirus-driven boom in cycling as more Britons avoided public transport.

Like-for-like sales were up 11.7%, with a 35.4% surge in sales for cycling products and 21.1% rise in sales in its garage business, Autocentres, in the quarter ended Jan. 1, the company said.

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