Timewaster Posted January 14 Share Posted January 14 On 12/01/2023 at 14:05, lesapandre said: The dream...and reality... https://www.theguardian.com/business/2023/jan/12/halfords-shares-tumble-shortage-mechanics-profits Investment advice: sell. I have no evidence of it but I bet they don't pay and are ****'s to work for. Properly managed this is probably a good business but I bet it's being run by the usual cheese-paring-mingebags. £60M profit on an operation this big is pitiful: "As of June 2021, Halfords has 404 stores, 3 Performance Cycling stores (trading as Tredz and Giant), 374 garages (trading as Halfords Autocentres, McConechys and Universal Tyres and Autocentres) and 143 mobile service vans (trading as Halfords Mobile Expert and Tyres on the Drive) and 192 Commercial vans." So ignoring the commercial vans, that is 924 outlets. £60m ÷ 924 is just under £65k pa. Or less than £1250 profit a week per outlet. lesapandre 1 Link to comment Share on other sites More sharing options...
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