Next reports improved sales

2nd November 2022 | Lucy Millar

After full price sales in Q3 came in slightly ahead of projections, fashion giant Next has been able to maintain its annual profit guidance.

The fashion and homeware company reported that full price sales increased 0.4% from last year in the 13 weeks leading up to October 29.

Additionally, sales have climbed by 1.4% over the past five weeks thanks to a particularly strong week of business at the end of September, when cooler temperatures led to a rise in the purchase of cold-weather apparel.

Sales in Next’s high street locations increased by 3.1% during the 13 weeks. However, online sales did not show the same improvement, decreasing by 1.9% in the same period.

The performance has led Next to reaffirm its forecast for a full-year pre-tax profit of £840 million, a 2.1% rise over the previous year.


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