Company Earnings Update 2 minutesRegister for Free AccessNext (LSE: NXT) 1Q19 Trading Update: Strong Quarter, Raises Full-Year Guidance Coresight Research May 11, 2018 Executive Summary Next reported total full-price sales growth of 6.0% in the first quarter ended May 7, 2018. Full-price in-store retail sales declined by 4.8%, while full-price online sales jumped by 18.1%. Inferred comp growth came in at 5.6% for the quarter. Next raised its FY19 guidance for total full-price sales growth to 2.2% from 1.0% previously, and for group PBT to decline by 1.3% versus the previously expected decline of 2.9%. The company now expects EPS to grow by 3.7% versus previous guidance of 1.4%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weinswig’s Weekly: New Year’s Resolutions for Retail in 2024Private Label vs. Name Brands: Uncovering Growth Opportunities in the US Food and Beverage MarketMarket Outlook: US Convenience Store Retailing—Navigating Structural Challenges, Mergers and Emerging OpportunitiesInnovator Profile: Hyran Technologies Uses AI To Drive Profitability and Sustainability in the Fashion Supply Chain
