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UK retailer Next boosts forecasts, seeing strong sales growth despite economic worries.
UK retailer Next raised its sales and profit forecasts for the third time in five months, citing better-than-expected weather and disruption at rival Marks & Spencer due to a cyber attack.
Full-price sales rose 10.5% in the second quarter, leading to a predicted 7.5% increase in full-year sales and a 9.3% rise in profits to £1.11 billion.
Despite strong international sales growth, Next remains cautious for the second half, expecting UK sales to slow to 1.9% due to government measures affecting consumer spending.
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El minorista británico Next mejora las previsiones, ya que ve un fuerte crecimiento de las ventas a pesar de las preocupaciones económicas.