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Halfords Group (HFD) investor relations material

Halfords Group H1 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 TU earnings summary22 Oct, 2025

Executive summary

  • Achieved positive like-for-like sales growth of 4.1% in the first half of FY26, with Retail up 4.0% and Autocentres up 4.3%.

  • Reported group sales grew by 3.3% year-over-year, with Retail and Autocentres contributing 3.3% and 3.4% growth, respectively.

  • Gross margin expanded year-over-year, supported by planned cost savings to offset inflationary pressures.

  • Strong cash generation and disciplined stock management further improved the balance sheet from the net cash position at FY25.

Outlook and guidance

  • Full year outlook remains unchanged, with comfort in published consensus for underlying PBT of £36.0m to £39.8m in FY26.

  • A more detailed group strategy update will be provided with interim results on 27 November.

Segment performance

  • Retail segment delivered 4.0% like-for-like sales growth and 3.3% reported sales growth year-over-year.

  • Autocentres segment achieved 4.3% like-for-like sales growth and 3.4% reported sales growth year-over-year.

  • Motoring represents approximately 80% of total sales across both segments.

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Frequently asked questions

Halfords Group PLC is a retailer of motoring and cycling products and services. In addition, through Halfords Autocentre, they provide vehicle servicing, MOT, maintenance and repairs in the United Kingdom. The company was founded in 1892, and is headquartered in Redditch, Worcestershire, England.

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