Next lifts FY profit guidance after better-than-expected Christmas sales
5th Jan 2023 07:33
(Sharecast News) - Retailer Next lifted its full-year profit guidance on Thursday as it reported better-than-expected sales over the Christmas period, but struck a cautious note on the outlook for the year ahead.
Read moreNext buys Joules out of insolvency - report
1st Dec 2022 12:53
(Sharecast News) - Next confirmed on Thursday that it has partnered with Tom Joule to buy retailer Joules out of insolvency for £34m in cash.
Read moreSunday newspaper round-up: Zero Covid, British Airways, Rolls Royce
27th Nov 2022 21:30
(Sharecast News) - Protests against the government's zero-Covid strategy are spreading from Shanghai to other Chinese cities such as Guangzhou, Wuhan and Xi'an. Videos of the protests on social media, including some showing clashes with police and people chanting anti-government slogans, were taken down. In Urumqi, most of the city had been under lockdown for over three months, although lockdowns were lifted in some neighbourhoods on Saturday. China reported 39,506 cases of Covid-9 on Sunday, a record level, but small when compared to the levels recorded at the height of the pandemic in the West. - The Sunday Times
Read moreNext to buy Made.com out of administration
9th Nov 2022 07:37
(Sharecast News) - Clothing and homeware retailer Next has agreed to buy Made.com out of administration for £3.4m.
Read moreNext, Frasers Group among those looking to rescue Made.com
7th Nov 2022 08:13
(Sharecast News) - High-street stalwart Next and Mike Ashley's Frasers Group were reported to be among the frontrunners looking to rescue the teetering online furniture retailer Made.com Group over the weekend.
Read moreNext maintains full-year guidance as Q3 sales rise
2nd Nov 2022 07:38
(Sharecast News) - Retailer Next maintained its full-year guidance on Wednesday as it posted a rise in third-quarter sales.
Read moreWednesday preview: US Fed meeting, Next in focus
1st Nov 2022 12:08
(Sharecast News) - All eyes on Wednesday would be on the US central bank's policy meeting and on just how hawkish the message that it delivered regarding monetary policy going forwards was.
Read moreDeutsche Bank lowers target price on Next
5th Oct 2022 10:06
(Sharecast News) - Analysts at Deutsche Bank lowered their target price on clothing and home products retailer Next from 6,200.0p to 5,700.0p on Wednesday.
Read moreDirector dealings: Next chairman spends £0.35m on shares
4th Oct 2022 14:02
(Sharecast News) - High-street fashion stalwart Next was in the green on Tuesday afternoon, after its chairman bought more than £0.35m worth of shares.
Read moreNext cuts full-year outlook as pound slumps
29th Sep 2022 07:00
(Sharecast News) - Next cut sales and profits forecasts on Thursday, on the back of a weakening economic outlook and the recent turmoil in currency markets.
Read moreJoules confirms talks with Next over £15m minority stake
8th Aug 2022 07:39
(Sharecast News) - Joules confirmed on Monday that it is in talks with retailer Next about the acquisition of a £15m stake in the lifestyle brand.
Read moreNext experiences 'sharp reversal' of lockdown trends in H1
4th Aug 2022 07:13
(Sharecast News) - Clothing retailer Next said on Thursday that sales in the first half had been "dominated" by "a sharp reversal" of the previous year's lockdown trends.
Read moreCredit Suisse slashes price target on Next
17th May 2022 13:20
(Sharecast News) - Credit Suisse slashed its price target on Next on Tuesday to 6,450p from 8,025p as it argued the stock is higher risk than it looks.
Read moreNext holds annual guidance after Q1 store sales soar
5th May 2022 07:41
(Sharecast News) - UK retailer Next maintained annual guidance after first-quarter sales rose on the back of store re-openings as Covid restrictions eased.
Read moreDeutsche Bank cuts target price on Next
31st Mar 2022 12:37
(Sharecast News) - Analysts at Deutsche Bank slashed their target price on retailer Next from 9,250.0p to 7,850.0p on Thursday, stating investors need to "think differently" about the stock.
Read more