Company Earnings Update 2 minutesRegister for Free AccessNext (LSE: NXT) 1Q20 Update: Strong First Quarter but Management Cautious on Rest of Year Coresight Research May 2, 2019 Executive Summary Next reported strong 1Q20 full-price product sales growth of 4.0%, with inferred comparable product sales growth of 3.7%. In-store sales growth came in ahead of expectations, with e-commerce growth marginally behind consensus. Management said its 1Q20 overperformance cannot be extrapolated through to the rest of the year, as comparatives will become more demanding in the second quarter. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: October 2023 China Retail Sales: Year-over-Year Growth Rate Continues To ImproveSuccess at Hand: Equipping Frontline Workers with More Mobile Devices to Drive Revenue and Delight CustomersWeinswig’s Weekly: The Festivalization of Retail: Shop Sooner, Celebrate BiggerChina Consumer Tracker: Multiple Categories Shift Toward E-Commerce, Away from In-Store Purchasing
