Next Reports 14.5 Percent Profit Rise and Higher Guidance
British retailer Next reported a 14.5 percent rise in annual profit on Thursday. It also raised its profit outlook while maintaining sales growth targets.
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British clothing retailer NEXT plc reported a 14.5% increase in annual profit on Thursday, as the company navigated a complex retail environment. Management has slightly increased its profit guidance for the new financial year, while maintaining its forecast for a slowdown in sales growth.
