By Frank Prenesti
Date: Thursday 05 May 2022
LONDON (ShareCast) - (Sharecast News) - UK retailer Next maintained annual guidance after first-quarter sales rose on the back of store re-openings as Covid restrictions eased.
The company on Thursday said full-price sales in the 13 weeks to April 30 rose 21.3% against a weak comparative last year when its stores were shut during pandemic lockdowns. Store sales in the period rose were up 285%.
Next said it still expected full price sales to increase 5% in 2022-23 and pre-tax profit up 3.3% to £850m.
Online sales, which benefited from store closures in 2021, fell 11% year-on-year.
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Currency | UK Pounds |
Share Price | 9,104.00p |
Change Today | -96.00p |
% Change | -1.04 % |
52 Week High | 9,288.00p |
52 Week Low | 6,346.00p |
Volume | 260,266 |
Shares Issued | 127.13m |
Market Cap | £11,574m |
RiskGrade | 153 |
Value |
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Price Trend |
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Strong Buy | 2 |
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16:35 | 132,606 @ 9,104.00p |
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16:35 | 188 @ 9,104.00p |
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16:35 | 39 @ 9,104.00p |
CEO | Wolfson Aspley Guise |
Finance Director | Amanda James |
Chair | Michael J Roney |
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