Next ups full-year guidance again after bumper Christmas

Next Christmas fascia

Fashion giant Next has increased its full-year profit guidance again after enjoying a bumper Christmas trading period.

In the eight weeks to December 25, Next’s full-price sales were up 20% compared with the same period pre-pandemic – £70m ahead of its previous sales guidance. 

The retailer said it had increased full-year profit before tax guidance by £22m to £822m – up 9.8% versus two years ago. For the period, total online sales were up 45% compared with pre-pandemic levels 

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