Next PLC Raises Profit Forecast Amid Strong Sales
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Next PLC Raises Profit Forecast Amid Strong Sales

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

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.

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