Next projects over £1 billion annual profit, raising full-year pre-tax profit guidance by £10 million.
Fashion retailer Next projects over £1 billion in annual profit, marking a historic milestone. The company raised its sales outlook for the third time in three months, attributing a 7.6% increase in full-price sales during Q3 to early cold weather. Full-year pre-tax profit guidance has been raised by £10 million, reflecting a 9.5% increase from last year. Despite anticipating slower growth in the festive quarter, overseas online sales surged by 20.4%.
October 30, 2024
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