Company Earnings UpdateNext (LON: NXT) Holiday Trading Update: Stronger than Expected, but Weak Store-Based Sales Trends Continue Coresight Research January 4, 2018 Executive Summary British fashion retailer Next reported that total full-price sales growth strengthened to 1.5% during the holiday trading period ended December 24. This compared to company guidance for a full-price sales decline of 0.3%. Full-price store-based sales growth remained very weak, falling by 6.1%. Online and catalog full-price sales grew by 13.6%. Reflecting improved trading, the company raised full-year sales and profit guidance slightly. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: AI Insights: Instacart CEO Fidji Simo To Join OpenAI as CEO of ApplicationsConsumer Sentiment Stabilizes… for Now; Plus, Inflation Awareness Rises: US Consumer Survey InsightsSector Focus: Beauty Retailing—Data GraphicCEO Brief: Iran Energy Shock—US Consumer Economy and Retail Impacts
