Next raises profit outlook as Q1 sales rise 6.2 percent
Next reported a 6.2% rise in Q1 sales and edged up its profit outlook. It will mitigate war-related costs through price increases and operational savings.
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NEXT PLC raised its full-year profit guidance after first-quarter full-price sales rose 6.2% in the United Kingdom. The performance exceeded internal expectations during the first three months of the 2026/27 fiscal year. Rising operational costs are linked to the Iran war.
Next reported the sales growth on Wednesday morning. The retailer maintained its full-price sales guidance for the remainder of the 2026/27 period.
