Overview

• Next has revised its annual profit forecast to over £1 billion, marking a 9.5% increase from the previous year.
• The retailer's third-quarter full-price sales rose by 7.6%, boosted by early cold weather that spurred demand for winter apparel.
• Online sales continued to drive growth with a 7.9% increase in the UK, while overseas online sales surged by 20.4%.
• Next has upgraded its sales and profit expectations multiple times this year, highlighting its resilience amid economic challenges.
• The company anticipates more modest sales growth in the upcoming festive quarter, projecting a 3.5% increase in full-price sales.