Next plc (LSE:NXT) reported a strong third-quarter performance, with full-price sales rising 10.5% year-over-year, significantly above its earlier projections. The growth was broad-based, driven by robust demand across both the UK and international markets, where overseas sales surged 38.8% compared to the prior year.
Thanks to this momentum, the company has increased its full-year profit guidance by £30 million to £1.135 billion, reflecting stronger-than-expected trading conditions and disciplined cost control. In addition, Next announced plans to return surplus capital to shareholders via a special dividend, underscoring its strong cash generation and balance sheet health.
CEO Simon Wolfson noted that the company’s continued investment in online infrastructure and international expansion has positioned it to maintain growth despite a challenging retail backdrop.
More about Next plc
Next plc is one of the UK’s leading retailers, offering a wide range of clothing, footwear, and homeware products. The company operates through a hybrid model combining a nationwide retail network with a strong e-commerce platform, and has an expanding international presence. Next’s focus on digital innovation, supply chain efficiency, and customer experience continues to drive its performance and support its long-term growth strategy.
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