Company Earnings UpdateNext (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Home and Home-Improvement Shopping in Focus; Financial Sentiment Turns Negative: US Consumer Survey InsightsSector Focus: Department Store Shopping—Data GraphicApparel and Footwear Shopping in Focus—Amazon and Walmart Lead; NIKE Ranks as Top Brand: US Consumer Survey InsightsConfidence and Couture—Consumer Sentiment Ticks Up, Gucci Leads in Luxury: US Consumer Survey Insights
