Next has announced its results for the year ended January 2026. During the period, pre-tax profits rose 14.5 per cent to £1.16 billion, some £8 million higher than previous guidance. The retailer’s full price sales increased by 10.9 per cent, and total Group sales rose by 10.8 per cent.
2026 started well for Next both in the UK and internationally, “up to the point the conflict began in the Middle East.” It said that in the short term, ” there is a £15m cost to the Company, offset by savings elsewhere; in the longer term, and if the conflict persists, the costs are likely to be reflected in higher prices to consumers and disruption to our supply chain, both of which are likely to suppress sales”.
Looking at the year ahead, Next has maintained its guidance for full price sales at 4.5 per cent and expects pre-tax profit to rise 4.5 per cent to £1.21 billion.
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