Another one? Next hikes profit guidance again as sales soar ahead of expectations Retail and leisure Department store Next has increased its profit guidance for the year as sales soared in its first half of its financial year.
Next and Mike Ashley’s Frasers Group mull Ted Baker rescue deal Retail Mike Ashley’s Frasers Group and Next have reportedly expressed interest in buying Ted Baker.
Next gains on soaring FTSE as Lord Wolfson says it’s been a ‘long time’ since such a positive outlook Retail Next topped the FTSE 100 on Thursday, as it once again beat market expectations and trumped rivals amid a challenging period for UK retailers.
Next: High street champion trades ahead of expectations again March 21, 2024 Next has traded ahead of expectations again, reporting record pre-tax profit of £918m during the full year.
Will FTSE 100 giant Next continue to top the retail leaderboard? March 16, 2024 Next will unveil its full year earnings this coming Thursday, as investors gear up to see how the FTSE 100 firm has navigated a challenging period for retailers.
Next does it again: Profit forecasts upgraded for FIFTH time in a row January 4, 2024 Next has raised its profit guidance for the fifth time in a row thanks to a bumper Christmas trading period.
What next at Next? Retailer to update on Christmas trading January 2, 2024 Retail investors across the UK will be eyeing up Next’s festive trading update as they attempt to figure out how good or bad the Christmas period was for the sector.
Rinse, repeat: Next upgrades profit guidance yet again November 1, 2023 High street bellwether Next continues to defy headwinds in the UK economy
Next does it again: Profit guidance raised at retail miracle-maker September 21, 2023 Next has raised its full year profit guidance for the third time this year despite well-publicised pressures on the high street
Retailer insolvencies jump to higher level than pandemic as brands buckle under economic pressure July 3, 2023 A squeeze on shoppers’ finances has increased the number of retailers being plunged into hot water, new research shows, as the cost of living crisis continues to decimate businesses. As inflation sits at a sticky 8.7 per cent, the number of retailers entering insolvency jumped 56 per cent in the past year, according to figures [...]