Clothing & Shoes

Next cuts sales and profit guidance

Its brand full price sales are up 12.4% compared with 2021 and up 22.3% against 2019, however Full-price sales in the second half are expected to drop 1.5% rather than climb 1%.

Next plc has reported that its profit before tax is up 16% compared to the previous year at £401m, and up 22% compared with 2019 despite issuing its second profit warning this year.

Check out our free weekly podcast

Back to top button