tiprankstipranks
Next PLC Raises Profit Forecast Amid Strong Sales
Company Announcements

Next PLC Raises Profit Forecast Amid Strong Sales

Next plc (GB:NXT) has released an update.

Don't Miss our Black Friday Offers:

Next PLC has reported a robust 7.6% increase in full-price sales for the third quarter, surpassing its initial guidance by 2.6%, driven by early cold weather. This adjustment has led the company to raise its full-year profit forecast to £1,005 million, up from £995 million previously. The company’s acquisitions, including FatFace and increased stake in Reiss, have also contributed to a projected 7.4% rise in total group sales for the year.

For further insights into GB:NXT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskNext plc Executes Share Buyback Program
TipRanks UK Auto-Generated NewsdeskNext plc Continues Share Buyback Strategy
TipRanks UK Auto-Generated NewsdeskNext plc Executes Strategic Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App