Next has experienced a satisfying Q3 21, as full-price sales came in slightly ahead of the group’s expectations and our estimates.
However, the group expects that the inflation in essential goods and the ongoing industry-wide supply-chain challenges will drag down the pace of growth in Q4 21.
03 Nov 2021
Softer year-end growth
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Softer year-end growth
Next plc (NXT:LON) | 8,782 -6147.4 (-0.8%) | Mkt Cap: 11,164m
- Published:
03 Nov 2021 -
Author:
Jie Zhang -
Pages:
3
Next has experienced a satisfying Q3 21, as full-price sales came in slightly ahead of the group’s expectations and our estimates.
However, the group expects that the inflation in essential goods and the ongoing industry-wide supply-chain challenges will drag down the pace of growth in Q4 21.