Next Plc Q3 Full Price Sales, Incl Interest Income, Up 2.8%

(RTTNews) - Next Plc (NXT.L) reported that full price sales, including interest income, for the third quarter were up 2.8 percent against last year. Total sales, including markdown sales, were up 1.4 percent.

For the third-quartet to 24 October, product full price sales grew 4.1 percent. Retail sales fell 17.9 percent, while online sales climbed 23.1 percent.

The company said it now expects full year profit before tax at 365 million pounds, 65 million pounds higher than the central scenario given in September.

Cash flow forecast has increased by 25 million pound, which is 40 million pound less than its increase in profit forecast.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Markets Videos


    Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

    Learn More