Next lifts full-year pretax profit forecast by £25 million to £1.24 billion

Reuters2026/08/05 06:18

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Next lifted 2026/27 pre-tax profit guidance by GBP 25 million to GBP 1.24 billion, driven by stronger-than-expected Q2 trading.
Q2 full-price sales rose 9.2% versus last year, materially ahead of a 4% forecast, leaving sales GBP 70 million above plan.
Full-year full-price sales guidance increased to GBP 6 billion, implying 6.3% growth; total group sales forecast raised to GBP 7.5 billion, up 6.6%.
Guidance kept for H2 full-price sales growth of 5%, with UK seen up 2.8% and international up 14%.
Post-tax EPS outlook lifted to 812.9p, up 9.2%, assuming GBP 524 million of share buybacks.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Next plc published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Next lifts full-year pretax profit forecast by £25 million to £1.24 billion

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