next
Sales rose for British clothing, footwear and home products retailer Next Plc in the first quarter compared to the same period of the previous year. Next reported on Wednesday that its full-price sales for the 13 weeks ended on April 27 were up 5.7% compared to last year, slightly exceeding its guidance for this period, which aimed to achieve a 5% growth. Next trading full price sales include items sold in retail and online plus Next Finance interest income, but excludes sale events, clearance, total platform commission and the sales from subsidiaries. The company maintained its sales and prof...
DPA International
Sales rose for British clothing, footwear and home products retailer Next Plc in the first quarter compared to the same period of the previous year. Next reported on Wednesday that its full-price sales for the 13 weeks ended on April 27 were up 5.7% compared to last year, slightly exceeding its guidance for this period, which aimed to achieve a 5% growth. Next trading full price sales include items sold in retail and online plus Next Finance interest income, but excludes sale events, clearance, total platform commission and the sales from subsidiaries. The company maintained its sales and prof...
DPA Breaking News
Sales rose for British clothing, footwear and home products retailer Next Plc in the first quarter compared to the same period of the previous year. Next reported on Wednesday that its full-price sales for the 13 weeks ended on April 27 were up 5.7% compared to last year, slightly exceeding its guidance for this period, which aimed to achieve a 5% growth. Next trading full price sales include items sold in retail and online plus Next Finance interest income, but excludes sale events, clearance, total platform commission and the sales from subsidiaries. The company maintained its sales and prof...
DPA
NEXT plc (LON:NXT), the high street and online retailer has reiterated its guidance in a trading statement covering the first 13 weeks of its current financial year. The group sees full price sales for the year growing by between 2% and 8%, with profits between £795m and £895m which would represent a decline of 3% at the low end and growth of 9% at the upper end. Q1 2022 hedge fund letters, conferences and more The market had been fretting that NEXT would not be able to reach its sales and profit targets for the year, and the stock has been a laggard year to date, But today’s news looks to hav...
ValueWalk
NEXT plc (LON:NXT) today reported full year results for the 12 months ended 31 Jan 2022 which were closely in line with the market’s expectations.The company guided revenues and profits for the new financial year to be slightly lower than previously indicated in January, as a result of closing their Russian and Ukrainian websites following the outbreak of conflict in February.Overall, NEXT now see High Street store sales bouncing back a little stronger in the UK, partly at the expense of online sales.Costs are expected to jump by over £140m, with the company expecting to recoup almost £80m of ...
ValueWalk
NEXT plc (LON:NXT) has issued a trading statement for their third quarter, ending 30 October.Q3 2021 hedge fund letters, conferences and more The group said sales had continued to run ahead of expectations but that emerging cost pressures and challenges with stock availability would hold profit growth back.Online, the group saw sales rise by 40% compared to pre-pandemic levels, offsetting a 6% decline in-store. Overall sales in the period were 14% ahead of pre-pandemic levels.The group expects sales growth to moderate in the final three months of the financial year, and sees a headwind to sale...
ValueWalk
NEXT plc (LON:NXT)’s total group sales rose 7.6% to £2.2bn compared to 2019. That was entirely driven by online sales. Pre-tax profits were up 5.9%, reaching £346.7m. Q2 2021 hedge fund letters, conferences and more Full price sales in the first eight weeks of the second half were up 20% on 2019, compared to second-half guidance of 6% growth. As a result, Next is upgrading guidance for the fourth time this year. It expects full price sales to rise 10% for the full year, while pre-tax profits guidance has also been upped by £36m to £800m. The shares rose 2.6% following the announcement. NEXT: T...
ValueWalk
If Congress somehow manages to reach a deal on a stimulus package before the year’s end, it is very likely that it won’t include stimulus checks. Even if there are no coronavirus stimulus checks, you may still get money from the package in three ways. No coronavirus stimulus checks in next package?Even though many, including President Donald Trump, President-elect Joe Biden and more, have supported calls for more stimulus checks, they are unlikely to be part of the next package. This is bad news for millions of Americans who have been waiting for months for stimulus checks. However, this doesn...
ValueWalk
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