Insight Report 4 minutes PremiumNext (LON:NXT) FY16 RESULTS: SALES BEAT CONSENSUS, CAUTIOUS OUTLOOK FOR FY17 Coresight Research March 24, 2016 Executive Summary British fashion retailer Next reported £4,176.9 million in group revenues, in the 53 weeks ending January 30, 2016, beating the consensus estimate of £4,141.6 million and up 4.4% from £3,999.8 million in the 52 weeks to January 24, 2015. Diluted EPS was 443 pence for FY16, up 6.0% from 417.9 pence in FY15 and beating the consensus estimate of 431 pence. In FY17, the company expects total full price sales growth of the Next Brand to be between the range of -1.0% to +4.0%. At the mid-point of 1.5% of the guidance range, Next Brand sales are expected to be £4,092.7 million, lower than the current consensus estimate of £4,297.9 million. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Earnings Insights 4Q22, Week 6: Burlington, Dollar Tree, Kroger and Urban Outfitters Post Strong Sales Growth; Carter’s, Kohl’s, Lowe’s and Qurate Retail See Sales DeclineUS CPG Sales Tracker: Online Food Sales Soar Amid Easing InflationUS Consumer Tracker: More Consumers Get Out and AboutDiscount Decades—US Apparel and Footwear Discounters: Set For Market Share Gains