Next lifts profits guidance again but warns on higher prices, wages
6th Jan 2022 07:04
(Sharecast News) - UK clothing retailer Next once again lifted full year profits guidance and announced a special dividend after Christmas sales exceeded expectations, but warned of higher prices to come and wage inflation.
Read moreNext Q3 sales up 17% but warns on 'diminishing' demand
3rd Nov 2021 07:04
(Sharecast News) - Fashion retailer Next reported a 17% rise in full-price sales during the third quarter compared to pre-pandemic levels but warned that momentum would slow in the final three months due to diminishing pent-up demand and supply-chain constraints.
Read moreWednesday preview: US Federal Reserve, Next in the spotlight
2nd Nov 2021 15:07
(Sharecast News) - All eyes will be on the US Federal Reserve on Wednesday with the central bank expected to announce the start to tapering of its asset purchases.
Read moreNext lifts FY guidance for fourth time as interim profits soar
29th Sep 2021 07:02
(Sharecast News) - UK fashion retailer Next lifted full-year guidance for the fourth time this year after a better-than-expected rise in interim profits as customers flocked to its stores once they reopened from Covid pandemic lockdowns.
Read moreWednesday preview: UK consumer lending, Next in focus
28th Sep 2021 18:35
(Sharecast News) - Financial markets' focus in the middle of the week will shift to the UK, where consumer lending figures for August are due out.
Read moreNext to run Gap brand in UK, Ireland as franchise deal agreed
17th Sep 2021 10:58
(Sharecast News) - US clothing retailer Gap has struck a deal that will see its clothing range sold in the UK and Ireland via Britain's Next after announcing earlier this year that it would close its own stores in those markets.
Read moreNext to run Gap brand in UK, Ireland as franchise deal agreed
17th Sep 2021 10:58
(Sharecast News) - US clothing retailer Gap has struck a deal that will see its clothing range sold in the UK and Ireland via Britain's Next after announcing earlier this year that it would close its own stores in those markets.
Read moreDeutsche Bank initiates coverage of European clothing sector
25th Aug 2021 10:03
(Sharecast News) - Deutsche Bank initiated coverage on the European clothing sector on Wednesday, with a preference for "growth companies which have adapted to changing consumer habits".
Read moreBerenberg upgrades Next to 'hold', sees better trading and lessened risks
21st Jul 2021 12:19
(Sharecast News) - Analysts at Berenberg moved back from a 'sell' recommendation to 'hold' for shares of Next, pointing to positive read-across on trading conditions from sector peers, an improved macroeconomic environment and lessened competitive risk to back up their move.
Read moreWednesday broker round-up
21st Jul 2021 11:56
(Sharecast News) - Morgan Advanced Materials: Liberum starts at 'buy' with 470.0p target price.
Read moreNext lifts annual guidance as Q2 sales crush forecasts
21st Jul 2021 07:01
(Sharecast News) - UK fashion retailer Next on Wednesday lifted full-year profits guidance after second quarter full price sales smashed expectations.
Read moreFriday broker round-up
14th May 2021 12:57
(Sharecast News) - NCC Group: Canaccord upgrades to buy with a target price of 318p.
Read moreWednesday broker round-up
12th May 2021 13:55
(Sharecast News) - Air Partner: Canaccord reiterates buy with a target price of 100p.
Read moreUK retail sales rise after easing of lockdown - BRC
10th May 2021 09:51
(Sharecast News) - UK retail sales rose 7.3% in April, boosted by strong demand after non-essential stores reopened, industry figures showed.
Read moreThursday broker round-up
6th May 2021 13:43
(Sharecast News) - National Grid: Berenberg upgrades to buy with a target price of 1,100p.
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