THE RETAIL BULLETIN - The home of retail news
HOME
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
RETAIL INSIGHTS
RETAIL SOLUTIONS
Omnichannel Futures Conference 2020
Online Conversion Summit 2020
Future of Retail Marketing 2020
The HR Summit 2020
AI in Retail Conference 2020
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Next maintains profit guidance as full price sales rise by 2%

Next has reported that its full price sales including interest income rose by 2% in its third quarter. In the three months to 26 October, online… View Article

GENERAL MERCHANDISE

Next maintains profit guidance as full price sales rise by 2%

Next has reported that its full price sales including interest income rose by 2% in its third quarter.

In the three months to 26 October, online sales climbed by 9.7% but in-store sales were down 6.3%.

The fashion and homewares retailer said sales in September were impacted by the month’s unusually warm weather but that trading improved in October when temperatures fell.

The results mean that online full price sales are up 11.1% in the financial year to date while sales at Next stores are down 4.8%.

Looking ahead, Next said it does not expect sales growth for the rest of the year to be as strong as October.

Next is maintaining the profit guidance it gave in September which stated that group pre-tax profit is expected to come in at 0.3% above the previous year at £725 million.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Online Conversion Summit 2020
Online Conversion Summit 2020
April 30 2020
The Hallam Conference Centre, London W1W 6JJ
The Retail Bulletin Online Conversion Summit 2020 Partnered by IMRG
Future of Retail Marketing 2020
Future of Retail Marketing 2020
9 June 2020
Hallam Conference Centre, 44 Hallam St, London W1W 6JJ
The Future of Retail Marketing for Customer Engagement
The HR Summit 2020
The HR Summit 2020
1 October 2020
Hallam Conference Centre, London W1W 6JJ
Company values, collaboration with employees and driving a major HR transformation to create a truly omnichannel experience, need to be at the heart of the organisation's culture and brand
AI in Retail Conference 2020
AI in Retail Conference 2020
14 October 2020
Hallam Conference Center, 44 Hallam Street, London W1W 6JJ
CONFERENCE AIMED AT RETAILERS WORKING IN MARKETING, IT, DIGITAL, DATA AND TECHNOLOGY