January 1, 2019 3 minutes

Next (LSE:NXT) Holiday 2018 Trading Update: Very Weak In-Store Sales; Online Sales Continue to Grow Strongly

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

British fashion retailer Next reported an increase of 1.5% in total full-price sales for the holiday period from October 28 to December 29, beating the consensus estimate of 0.4%.
Strong online sales growth was partly offset by falling in-store sales.
For FY19, the company maintained its guidance for full-price sales growth of 3.2% but lowered its profit guidance.

Please Login to read the full report. Not a member? To access this content for free, register for a free account.

This document was generated for