Director dealings: Next CEO sells shares after guidance upgrade

7th Aug 2026 14:39

(Sharecast News) - Next chief executive Simon Wolfson, also known as Lord Wolfson of Aspley Guise, sold 20,272 shares in the retailer at 15,688.57p each for just over £3.1m.

Earlier this week, Next shares surged as the clothing and homeware retailer lifted profit guidance again after second-quarter full-price sales smashed estimates due to the hotter summer and the release of pent‑up demand in the Middle East and Northern Europe.

Next said on Wednesday that it now expects pre‑tax profit of £1.24bn for 2026/27, an increase of £25m from its prior forecast in March, which itself was an upgrade from January.

It said the latest increase reflected the benefit of £70m in additional full‑price sales during Q2, which boosted profit by £15m, alongside a £10m uplift from stronger‑than‑expected returns on its equity investments.

Top Director Buys

Shuka Minerals (SKA)

Director name: Lloyd,Richard

Amount purchased: 356,913 @ 280.00p

Value: £999,356.38

Shuka Minerals (SKA)

Director name: Lloyd,Richard

Amount purchased: 360,000 @ 277.00p

Value: £997,199.99

Convatec Group (CTEC)

Director name: Hestler,Tobias

Amount purchased: 50,000 @ 225.80p

Value: £112,899.99

Cvc Income & Growth Limited Npv Euro (CVCE)

Director name: Neill,Vanessa

Amount purchased: 9,940 @ 120.18p

Value: £13,259.54

Gran Tierra Energy Inc. (cdi) (GTE)

Director name: Guidry,Gary

Amount purchased: 582 @ $7.12

Value: $3,417.04

Zegona Communications (ZEG)

Director name: Pennington,Timothy

Amount purchased: 6,588 @ 15.20p

Value: £1,001.38

Top Director Sells

Next (NXT)

Director name: Aspley Guise,Wolfson

Amount sold: 149,728 @ $157.04

Value: $19,389,385.68

Next (NXT)

Director name: Aspley Guise,Wolfson

Amount sold: 20,272 @ 15,688.57p

Value: £3,180,385.91

Croda International (CRDA)

Director name: Oxley,Stephen

Amount sold: 1,339 @ 3,214.00p

Value: £43,035.46