Next lowers second-quarter outlook but backs annual guidance
Next maintains guidance for annual profit after reporting a decline in first-quarter sales adding it is too early to adjust its outlook.
Source: just-style.com
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Next maintains guidance for annual profit after reporting a decline in first-quarter sales adding it is too early to adjust its outlook.
The FTSE 100 retail bellwether reported a 0.7% drop in full-price sales for the three months to the end of April, better than the 2% decline it had forecast.
Following today’s release of Next’s figures for Q1, FY2023/24; Emily Salter, lead retail analyst at GlobalData, a leading data and analytics company, offers