Next Directory sales for the first half grew by 7.4 per cent year on year but the growth was not reflected in its retail store sales which fell by 7.7 per cent year on year. This resulted in Next’s overall sales falling by 1.2 per cent over the same period last year.
The business commented that the recent warm and sunny spell, an overhauled product range and improved online offering had helped to see overall sales rise by 0.7 per cent for the quarter ending July 29th. It confirmed its guidance that its full year profits would fall by between 6.4 per cent and 13.9 per cent to £680 million and £740 million respectively.
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