Halford's bike sales go up, margins decline

Halfords' shares dropped by 2.4 percent after the British retailer posted underlying pre-tax earnings for its first half-year that were off by 9.8 per cent from the year-ago period to £36.8 million (€41.1m-$48.4m), weighed down by currency headwinds. The company estimates that it incurred an extra cost of sales of ...

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