The company said total sales were up 26% in the year to 26 June, despite stores being closed for months during the coronavirus pandemic.
Like-for-like cycling sales at the firm were sharply lower than last year, down 23% for the 20-week period to 20 August.
British bikes and car parts retailer Halfords resumed dividend payments and forecast more earnings growth after a boom in cycling during the pandemic tripled its annual profit. The company has benefitted from a pick up in cycling as Britons tried to stay fit during coronavirus lockdowns and avoid public transport on their commutes to work. But Halfords said its motoring business was currently benefitting as more people use their cars for weekend getaways while foreign travel restrictions remain.