Next raises guidance as post-lockdown sales surge

6th May 2021 07:06

(Sharecast News) - Next upgraded its guidance for annual profit after a post-lockdown shopping surge caused sales to beat expectations in the first quarter.

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Thursday preview: Bank of England, Next in the spotlight

5th May 2021 12:01

(Sharecast News) - All eyes on Thursday will be on the Bank of England which is expected to hold fire on any changes to policy.

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Next lifts guidance as annual profits more than halved

1st Apr 2021 07:02

(Sharecast News) - Clothing retailer Next lifted current year profits guidance as online sales continued to soar during the Covid lockdown, despite annual profits halving.

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Thursday preview: Global manufacturing, Next in the spotlight

31st Mar 2021 18:11

(Sharecast News) - Financial markets' focus on Thursday will be on global manufacturing sector conditions in March, including on either side of the Atlantic.

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Wednesday preview: Biden speech, Next in the spotlight

30th Mar 2021 16:04

(Sharecast News) - US President Joe Biden is expected to take the spotlight at the end of the quarter as he lays out his case for a multi-trillion dollar package of infrastructure spending in a speech in Pittsburgh.

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Friday broker round-up

26th Mar 2021 13:40

(Sharecast News) - Ocado Group: Berenberg downgrades to hold with a target price of 2,390p.

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RBC Capital upgrades Next to 'outperform'

26th Mar 2021 09:22

(Sharecast News) - RBC Capital Markets upgraded Next shares to 'outperform' from 'sector perform' on Friday, hiking the price target to 8,800p from 8,100p as it said the retailer should continue to benefit from its strong online and credit offer.

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Next buys 25% stake in Reiss for £33m

10th Mar 2021 11:04

(Sharecast News) - Next has agreed to purchase a 25% interest in fashion brand Reiss for £33m.

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Liberum upgrades Next to 'buy' following strong Christmas trading performance

7th Jan 2021 09:40

(Sharecast News) - Analysts at Liberum upgraded clothing retailer Next from 'hold' to 'buy' and reiterated its 8,300.0p target price on the stock following some "very resilient" Christmas trading.

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Next says not looking for majority stake in Arcadia Group

5th Jan 2021 09:05

(Sharecast News) - Retailer Next said on Tuesday that it was part of a consortium bidding for some of the brands owned by Philip Green's collapsed Arcadia Group.

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Next sales drop less than expected over Christmas, online sales surge

5th Jan 2021 07:29

(Sharecast News) - Next reported a small drop in sales over Christmas but its performance was better than the retailer had expected and the company said online sales made up for almost all those lost in retail stores.

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Tuesday preview: Georgia, UK GDP on investors' minds

4th Jan 2021 15:57

(Sharecast News) - Elections in the US state of Georgia and a revised reading on third quarter gross domestic product will be foremost on the minds of investors in the UK and elsewhere.

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Next in talks with US investment firm about Arcadia bid - report

18th Dec 2020 14:05

(Sharecast News) - Clothing retailer Next is reportedly in talks with a well-known American investment firm about a joint bid to gain control of Philip Green's Arcadia Group, which owns Topshop, Burton and Miss Selfridge.

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Director dealings: Next director makes share sale

28th Oct 2020 15:46

(Sharecast News) - Next revealed on Wednesday that group merchandise and operations director Richard Papp had disposed of 11,750 ordinary shares in the FTSE 100-listed clothing retailer

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Director dealings: Next director makes share sale

28th Oct 2020 15:46

(Sharecast News) - Next revealed on Wednesday that group merchandise and operations director Richard Papp had disposed of 11,750 ordinary shares in the FTSE 100-listed clothing retailer

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