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Next ups profit guidance as Q1 sales rise by 11.4%

Accounting for the £55m of additional sales in Q1, it is raising its guidance for full-year group profit before tax by £14m to £1.08bn

Next has upped its full-year profit guidance as it welcomed “better than expected” sales in the first quarter, with full price sales up by 11.4% as trade was boosted by the warmer spring weather.

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