Francine lacqua. Text shares are gaining after the u. K. Retailer posted numbers well ahead of analyst estimates. Here with more is caroline hyde. You have got 12 , close to 12 increase in total sales. But with three times ahead of analyst estimates. On the back of that, they are raising their Profit Guidance once again. We are just seeing the winner of what ubs termed a promotional fight. They stayed away. Online they are winning as well. 21 increase in next directory sales. That click and collect is working for them. Exceptional, their online domination. They are handing money back to the investor base, some 300 Million Pounds. This year theyre going to have an excess cash. They are also giving a special dividend for this year. How much did this policy of not discounting help . You might wonder if they dont discount ahead of christmas, are they left with a lot of stock to discount afterwards . That doesnt seem to be the case. You look into the statement and they go, we have got 11 le
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