Next upgrades profit guidance after ‘better than expected’ first quarter

Interior of Next store in Watford

Source: Next plc

Next has upgraded its profit before tax guidance for the full year, after warmer weather led to a “better than expected” first quarter of trading.

In the 13 weeks to April 26, Next reported that full price sales soared 11.4% versus the previous year—£55m ahead of its forecasted sales numbers for the period.

 

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