The company saw a 0.8% rise in total sales in Q3, but this is underpinned mainly by a favourable comparable basis (-3.5% in Q3 16). Full-price sales were up 1.3% in Q3. Full-price sales and total sales were down 0.3% and 1.2% ytd respectively. For the whole year, full-price sales are expected to retreat by 0.3%, i.e. a slowdown of 0.3% in Q4. Guidance was narrowed slightly but the central range of -0.3% was maintained.
01 Nov 2017
Poor top-line growth in Q3 and confirmed slide for Q4
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Poor top-line growth in Q3 and confirmed slide for Q4
Next plc (NXT:LON) | 9,041 0 0.0% | Mkt Cap: 11,493m
- Published:
01 Nov 2017 -
Author:
Rim BEN SALAH -
Pages:
2
The company saw a 0.8% rise in total sales in Q3, but this is underpinned mainly by a favourable comparable basis (-3.5% in Q3 16). Full-price sales were up 1.3% in Q3. Full-price sales and total sales were down 0.3% and 1.2% ytd respectively. For the whole year, full-price sales are expected to retreat by 0.3%, i.e. a slowdown of 0.3% in Q4. Guidance was narrowed slightly but the central range of -0.3% was maintained.