Next has revised its full year pre-tax profit from its previous guidance of £705 million to £717 million following improved sales which it attributes to warmer weather. For the first quarter to May 7th sales were £40 million above forecast with full price sales up by six per cent. Online sales rose by 18.1 per cent with bricks and mortar sales dropping by 4.8 per cent.
The business says it now expects its full year sales – to January 2019 – to show an uplift of 2.2 per cent.
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