Next share price: Fashion retailer releases trading update

on Jul 29, 2014
Updated: Oct 11, 2019
Listen, Tuesday, July 29: Clothing retailer Next Plc (LON:NXT) today released a trading update for the 26 weeks to July 26, 2014.

**Highlights from the company’s statement:**
• NEXT Brand sales for the first half of our financial year were up 10.7%, of which 2.4% came from the opening of profitable new space. NEXT Retail sales were up 7.5% and NEXT Directory was up 16.2%.
• Sales are currently ahead of the 5.5% – 9.5% full year growth guidance we gave in April. We are therefore raising and narrowing our sales guidance range for the year to 7% – 10%.
• As a result of the better than expected first half performance, we are raising our profit guidance by £25m. The new ranges are set out below, with our previous guidance shown in the right hand columns.
More to follow…
**As of Monday, July 28, buy Next shares at 6,530.00p.**
**As of Monday, July 28, sell Next shares at 6,520.00p.**

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