Halfords Lifts Profit Outlook on Warm Weather Sales

Halfords raised its annual profit forecast after warm summer weather boosted sales of bicycles and camping gear. Shares in the retailer jumped following the upbeat trading update.

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A view of the Halfords store front in Rugby Britain November 19, 2020. REUTERS/Molly Darlington

HALFORDS GROUP PLC lifted its annual profit outlook on Thursday morning, driving shares up 12% after a warm summer season accelerated sales of bicycles and camping gear.

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