Motoring and cycling retailer blames slump on wet weather and customers buying bicycles on creditHalfords shares have plunged by almost a quarter after it issued an unscheduled profit warning, in part because of more consumers buying bicycles on credit.The motoring and cycling retailer said it expected to post profits of between £35m and £40m for the year up to this April, well down on its initial forecast of between £48m and £53m. Continue reading...
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