The warmer weather and return to social events has boosted the demand for summer clothing. Next has slightly raised its FY22 guidance for both top-line growth and profitability on the back of better-than-expected full-prices sales in Q2 22.
The group still expects an inflation impact on consumer spending to worsen in the second half.
04 Aug 2022
Better Q2, unchanged outlook
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Better Q2, unchanged outlook
Next plc (NXT:LON) | 8,876 1420.2 0.2% | Mkt Cap: 11,284m
- Published:
04 Aug 2022 -
Author:
Jie Zhang -
Pages:
3
The warmer weather and return to social events has boosted the demand for summer clothing. Next has slightly raised its FY22 guidance for both top-line growth and profitability on the back of better-than-expected full-prices sales in Q2 22.
The group still expects an inflation impact on consumer spending to worsen in the second half.