UK 13:23 Monday, 12 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
A 25th January trading update headline from Halfords (HFD) included “Strong start to Q4 trading, FY24 profit guidance maintained”, with that stated to be £48 million-£53 million. So what of already a further trading update despite the company’s year being to 29th March?
Back in early September, I wrote about Halfords (HFD) that "compared to today’s c.190p share price, wake me up when the stock is back north of the 250p level….Buy". That was looking quite smart a week ago when the shares were lurking close to the 235p share price level, but is not looking so smart this morning with the shares falling back below 190p. What is going on in the world of "the UK's leading provider of cycling, motoring services, vehicle servicing and repairs”?
Just under three months ago, I observed that “Halfords (HFD) is keeping its motor running for me (as an investor)”. That was a pretty sad reference to late 1960s music, but I am sure a bunch of you know that the company takes its name from Halford Street in Leicester where it was founded in 1892. Just a bit more relevant for today is how its 2020s progress is getting on, which brings us to Wednesday’s twenty-week trading update.
A couple of months ago, I observed that “Halfords (HFD) shares are still set to continue motoring along”. And, as I am the boring sort of person who notices how many people are going in or out of my local Halfords store, I am not surprised that its preliminary results are absolutely fine. Do I still though believe that the company’s shares can offer a c.25% appreciation scope and pay a decent, more than 4%, dividend yield?
