Next upgrades profit outlook again as it benefits from summer spending
Retailer expects to end year with pre-tax profit of £1.2bn, about £25m higher than forecast previously Next has raised hopes that UK shoppers are still willing to spend despite pressures on household budgets, as it upgraded its profit guidance for the third time this year. The clothing and homeware retailer said it benefited from sunny weather and the release of some “pent-up demand” in the…
We haven't written up this one. Guardian Business has the full story — the link below goes straight to it.
Also reported by 1 other outlet
- Next Upgrades Profit Outlook Again on Strong Summer Spending businessoffashion.com