Next said it expected pretax profit before exceptional items for the year to January 2024 of 905 million pounds ($1.15 billion), ahead of previous guidance of 885 million pounds and the 870.4 million pounds made in 2022/23.
Next: The group also gave guidance for its 2024/25 year, forecasting a rise in full-price sales up 2.5%, total group sales up 6.0% and profit up 5% to 960 million pounds.
Next expects inflationary headwinds to continue to ease in its 2024/25 year, but has cautioned that a softening of the labour market may dampen growth in consumer demand.
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