Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
Next has reported group sales hit £7bn in its full-year results for the year ending 31 January 2026, up 10.8% year-on-year.
The clothing, footwear and home products retailer’s profit before tax rose by 14.5% to £1.16bn, while the company’s profit after tax climbed by 14.3% to £870m.
Post-tax earnings per share stood at 744.2p, 17.0% higher than the year before.
The group attributed its results to enhancing and widening its product offering within its Next brand, wholly-owned brands and the third-party brands it carries.
It also cited the expansion of its overseas business with improved functionality and more effective marketing.
For the year ahead, Next forecasted flat sales growth of 4.5%, along with pre-tax profit guidance of £1.21bn.
The company said that it saw promising UK sales in the first eight weeks of the year, as well as robust international sales.
However, the business said that since the outbreak of war in the Middle East, which accounts for 6% of its total turnover, its domestic trading has been weak in comparison with the year prior.
It also cautioned that the conflict may continue to dampen its performance in the region and have knock-on-effects on its costs, prices and consumer confidence worldwide.
Next chairman, Michael Roney, said: “The year ending January 2026 was a very good year for Next. Group profit before tax of £1,158m1 was up +14.5%, and Earnings Per Share2
(EPS) grew by +17.0%. Cash flow remained strong and we returned £839m to shareholders through a combination of dividends (£286.5m), share buybacks (£131.4m) and the B Share Scheme capital distribution (£421.5m).
“Our performance, as ever, remains a direct result of the hard work and dedication of the Next team. I would like to express my sincere thanks to colleagues across the Group for their effort, talent and dedication.”
