UK’s Next plc beats Q1 forecasts with 11.4% surge in full-price sales
Next plc has reported a strong performance in Q1 FY25 with full-price sales up 11.4 per cent YoY, driven by warm weather boosting summer clothing demand. UK and international online sales grew, while retail rose 5.2 per cent. For FY25-26, the retailer forecasts £5.4 billion (~$6.75 billion) in full-price sales. Its Q2 sales are expected to rise 6.5 per cent, with slower H2 growth anticipated.
Next plc has reported a strong performance in Q1 FY25 with full-price sales up 11.4 per cent YoY, driven by warm weather boosting summer clothing demand.
UK and international online sales grew, while retail rose 5.2 per cent.
For FY25-26, the retailer forecasts £5.4 billion (~$6.75 billion) in full-price sales.
Its Q2 sales are expected to rise 6.5 per cent, with slower H2 growth anticipated.
