Companies
Next raises profit guidance again as summer sales boom
Clothing retailer increases forecast for profit before tax by £10 million to £845 million
Next raised its guidance for the second time in recent months after wet weather and ongoing inflation failed to deter shoppers from buying fashion.
Full price sales in the second quarter rose nearly 7 per cent on last year, according to the company’s earnings report on Thursday.
That has driven Next, which operates a number of stores in the Republic of Ireland, to increase its forecast for profit before tax by £10 million to £845 ...