Company Earnings Update 4 minutesRegister for Free AccessNext (LSE: NXT) 1H19 Results: Better-Than-Expected Margin Improvement Prompts Full Year Guidance Upgrade Coresight Research September 26, 2018 Executive Summary Next reported 1H19 revenues of £1,961.9 million, up 3.1% year over year. Diluted EPS came in at 184.5 pence, up 4.5% year over year, broadly in line with the consensus estimates of 184.7 pence. The online business turned in a robust performance while Next Retail (in-store) sales continued to decline. Next guided for FY19 full price sales growth of 3%, ahead of the consensus estimate of 1.7%, and expects EPS to grow by 5%, which is ahead of the consensus estimate of 3.1%. The company also raised its central guidance for full year pre-tax profits by £10 million to £727 million. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Data Dive: How US Consumers Spent in 2022—and Why Services Are Yet To Fully Bounce BackRetailTech: Retail’s Green Revolution—Five Technologies Driving SustainabilityWeekly US and UK Store Openings and Closures Tracker 2023, Week 4: UK Closures Down 29%10 Insights from The Lead Innovation Summit 2023: Winning in Retail Through Immersive Experiences and Genuine Care
