Next grew its full price sales by 5.7 per cent in the nine weeks to 30 December, beating its forecast by £38 million. Online sales had grown by 9.1 per cent during the period whilst store sales were up by a more modest 0.6 per cent.
Next’s profit guidance for the full year has now risen by £20 million to £905 million for the year.
It says that stock has been well controlled and that it went into the end-of-season sale with – 12 per cent less surplus stock than last year
It will announce its full-year results for the year to 27th January 2024 on 21st March 2024.
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