Next plc Reports Strong Q1 Sales, Revises Profit Guidance Upwards

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

Next plc reported a strong performance in the first quarter of 2025, with full price sales increasing by 11.4%, surpassing their forecast. The company attributed this success to favorable weather conditions boosting summer clothing sales. Despite the positive results, Next plc has maintained its sales guidance for the rest of the year, anticipating that some sales were pulled forward from the second quarter. The company has revised its full-year profit guidance upward by £14 million to £1,080 million. The update reflects cautious optimism, considering potential economic impacts such as National Insurance increases and strong comparative figures from the previous year.

Spark’s Take on GB:NXT Stock

According to Spark, TipRanks’ AI Analyst, GB:NXT is a Outperform.

Next plc demonstrates robust financial performance with consistent income growth and effective capital management, despite high debt levels. Technical analysis indicates positive market momentum, supported by strategic corporate activities like share buybacks. The stock’s valuation is reasonable, making it an attractive option in the Apparel – Retail industry. Monitoring debt levels and market conditions will be crucial for sustaining its performance.

To see Spark’s full report on GB:NXT stock, click here.

More about Next plc

Next plc is a prominent retailer in the fashion industry, offering a wide range of clothing, footwear, and home products through its retail stores and online platforms. The company focuses on both the UK and international markets, with a significant presence in online retailing.

Average Trading Volume: 488,404

Technical Sentiment Signal: Buy

Current Market Cap: £14.53B

For an in-depth examination of NXT stock, go to TipRanks’ Stock Analysis page.