Insight ReportNext (LSE: NXT) FY18: In-Line Results, but Store Comp Decline of Almost 10% Weighs on Profits Coresight Research March 26, 2018 Executive Summary A near-10% decline in store-based comparable sales weighed on Next’s profits in FY18, ended January 2018. Total Next Group sales were down 1.0% year over. EBIT was down 8.2% and pretax profit was down 8.1% year over year. For FY19, Next expects to see total group full-price sales growth of 1.0%, fueled by Next Online full-price sales growth of 10.3%. But it is guiding for a further decline in pretax profits. 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: April 2025 US Retail Sales Outlook: Lowering Near-Term Growth Projections Amid Volatility and UncertaintyHoliday 2025: Government Shutdown-Related Reduction in SNAP, Other Payments and Salaries Could Meaningfully Impact US Holiday SpendingKroger and Instacart Expand Partnership To Advance Agentic Shopping and Accelerate Delivery EfficiencyFive Ways AI Is Being Used in Apparel and Footwear Retailing—and What’s Next
