NEXT plc reports Q1 full price sales up 6.2%
Sales exceeded forecast by £28m, adding £8m profit; full year profit guidance raised to £1,218m. Mitigates Middle East conflict costs via price increases and savings.
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British multinational clothing, footwear and home products retailer
nextplc.co.ukLast updated
In short: NEXT plc reported a record annual profit of over $1 billion and upgraded its fiscal 2027 guidance following strong full-price sales.
Sales exceeded forecast by £28m, adding £8m profit; full year profit guidance raised to £1,218m. Mitigates Middle East conflict costs via price increases and savings.
Since 2015, it has reached 28,000+ workers, supported 4,400 students, provided healthcare to 2,400 patients, and secured 257 jobs. This year, 42 children entered education and medical camps were organized.
Full price sales rise 10.9%, group profit before tax reaches £1,158m (up 14.5%). Guidance for next year maintained at 4.5% sales growth, profit up to £1,210m.
Vikram and Maroi join local team to launch it with 6 factories, 3 suppliers, and partner Phulki in Bangladesh and India.
(Alliance News) - Next PLC and Frasers Group PLC will bid competing takeover offers for department store chain Harvey Nichols, Sky News reported Tuesday.
Next plc (GB0032089863): dokumentarische Schwarzweiß-Reportage aus einem großen Bekleidungs-Logistikzentrum mit fleißigen Mitarbeitern bei der Arbeit, Illustration mit AI erstellt.
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