(Corrects to use sales figures on a like-for-like basis)
LONDON Jan 16 Bicycles-to-car-parts group
Halfords said it had enjoyed robust trading over the
Christmas period, with the mild weather boosting demand for
bikes, helping it to post a rise in third quarter sales.
The group, which is in the early stages of a 100 million
pound ($163.5 million) three-year turnaround plan, said on
Thursday retail sales at stores open over a year rose 5.9
percent in the 15 weeks to Jan. 10, its fiscal third quarter.
That was below strong first half growth of 7.7 percent but
ahead of an average analyst forecast for 3.8 percent, according
to a Reuters poll.
Like-for-like sales at its Autocentres arm were up 0.1
Shares in Halfords, which posted a better-than-expected rise
in first half profit in November, are up 40 percent in a year as
its boss Matt Davies pushes a turnaround focused on investment
in staff training, new cycling ranges, store revamps and online.
($1 = 0.6116 British pounds)
(Reporting by Kate Holton; editing by James Davey)