Next Shares Rise 3% As Full-Year Estimates Hiked
Nextracker (NXT) Forbes·2024-09-19 16:59
Photographer: Jason Alden/Bloomberg © 2024 Bloomberg Finance LP Next shares rose in value on Thursday after the retailer increased its full-year sales and profits guidance. At £106.05 per share, the FTSE 100 company was last dealing 2.6% higher on the day. In its half-year trading statement, Next said that sales rose 8% between February and July, to £2.9 billion. This was driven by sales of full-price items increasing 4.4% from the same 2023 period. As a result, pre-tax profit moved 7.1% higher, to £452 mil ...