Sales increase 6.9% at Next in Q2

Full price sales at Next in the second quarter were up 6.9% on last year and up 2.9% in the first half.

The retailer has reported that since its unscheduled trading statement last month, following a period of much better than expected full price sales, full price sales have been up 3.7% on last year, ahead of its guidance of 0.5%.

Next said its end of season sale has gone well and clearance rates were ahead of expectations. The retailer is increasing its full year guidance for group profit before tax by £10m to £845m, due to an additional £16m in full price sales in the last six weeks and improved clearance rates in the sale.

 

 

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