Company Earnings Update 3 minutesRegister for Free AccessNext (LSE: NXT) 2Q20 Update: Strong Quarter Prompts Raised Guidance Coresight Research August 1, 2019 Executive Summary Next reported strong 2Q20 full-price product sales growth of 3.7%, compared to 4% growth in the previous quarter and beating the consensus estimate of 0.1% growth recorded by StreetAccount. The retail segment continued to underperform with a 4.2% decline while the online segment posted strong full-price sales growth of 12%. The company lifted FY20 guidance, with retail sales expected to decline 5.1% year over year at mid-point, compared to previous guidance of an 8.5% decline, and online sales to grow 11.8% at mid-point compared to the previous guidance of 11% growth. 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: The Agentic AI Playbook: Insights Presented by Deborah Weinswig at NRF 2025: Retail’s Big Show APACAnalyst Corner—Trimming Waistlines and Spending: Exploring New Data on GLP-1’s Impact on Consumer Purchases, with John MercerUS Store Tracker Extra, January 2025: 50+ Million Square Feet of Retail Space Slated To Close This YearWeekly US Store Openings and Closures Tracker 2025, Week 24: Casey’s To Open 80 Stores; Torrid To Close 180 Stores