Car parts-to-bicycles seller Halfords (HFD) delivered some good news for the retail sector by hiking FY26 earnings guidance. Shares in the Redditch-based business rallied on the surprise upgrade. Halfords attributed the positive outlook to ‘strong’ trading, further gross margin expansion and well-managed costs. The upgrade shows CEO Henry Birch’s refreshed strategy is working. Gross margin … Continue reading Why Halfords hiked FY26 profit guidance