Insight Report 3 minutes PremiumNext (LSE:NXT) 1H17 RESULTS: SLIGHT SALES BEAT BUT BOTTOM LINE MISS Coresight Research September 16, 2016 Executive Summary British fashion retailer Next reported £1,957.1 million in group revenues in the 26 weeks ending July 30, 2016, and beat the consensus estimate of £1,924.9 million, up 2.6% from £1,907.4 million in the 26 weeks that ended July 25, 2015. 1H17 diluted earnings per share (EPS) was 187.1 pence for 1H17, up 1.9% from 183.7 pence in 1H16 and missed the consensus estimate of 188 pence. In FY17, the company expects total full-price sales growth of the Next Brand to be between the range of (2.5)% to +2.5%. The company expects FY17 profit before tax (PBT) in the range of €775 million and €845 million, to fall in the range of (5.6)% and +2.9% year-over-year growth in profit before tax (PBT). FY17 EPS-growth is expected to fall between (2.5)% and +6.3%. 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: Retailers Harness Seasonal Shifts: China Consumer TrackerUS Store Tracker Extra, June 2024: At Midyear, Store Openings Outpace Closures by 20%Shoptalk 2023 Day Three: Web3—Spurring Change Across the Retail ChainRetail Shrink and ORC: Losing Inventory, Losing Customers—US Consumers’ Response to Theft
