Retailer reports much better than expected data in December but remains ‘cautious’ about 2023
Next has upped profit forecasts for the year by £20m after better sales than expected in the run-up to Christmas, but said it remained “cautious” about the year ahead.
The fashion and home retailer said sales had risen by 4.8% in the nine weeks to 30 December, well above predictions of a 2% fall, delivering £66m more sales than expected.
Retailer reports much better than expected data in December but remains ‘cautious’ about 2023Next has upped profit forecasts for the year by £20m after better sales than expected in the run-up to Christmas, but said it remained “cautious” about the year ahead.The fashion and home retailer said sales had risen by 4.8% in the nine weeks to 30 December, well above predictions of a 2% fall, delivering £66m more sales than expected. Continue reading…
