Next second quarter sales accelerate on new store openings
The clothing retailer also sharpened its revenue and profit forecast for the year
Sales under the Next brand, incorporating both shops and the Directory home-shopping service, increased 0.3 per cent in the second quarter, the company said. That’s an improvement on the first quarter’s decline and compares with the 0.6 per cent increase estimated by analysts. The shares rose 4.1 per cent in early London trading.
“The upgrade to guidance shows confidence from management that poor trading conditions have improved somewhat and indicate management’s confidence that Brexit...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year