Q1 2021 Halfords Group PLC Trading Statement Call Transcript
Good morning, everyone. And thanks for joining the call today. I'm Graham Stapleton, Chief Executive of Halfords, and joining me on the call today is Loraine Woodhouse, our Chief Financial Officer.
I will start today's update with the top level trading highlights, then we move into a more detailed look at our sales performance, followed by some strategic highlights. We will conclude with the outlook for the rest of this financial year. Loraine and I will then be happy to take your questions.
So let me begin with what we believe are the key highlights from the last 20 weeks. Trading in the first 20 weeks of FY '21 was clearly dominated by the impact of COVID-19 and the various stages of lockdown across the U.K. As an essential retailer, we remained open and trading throughout the period to support our customers with their motoring and cycling journeys. Despite the challenging retail environment created by COVID, trading has been ahead of our expectations, and performance across the group has accelerated as lockdown
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