ANALYST VIEWS | DOES NEXT WIN THE RETAIL OLYMPIC GOLD FOR ITS PERFORMANCE?

 
Kasmira Jefford
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KATE CALVERT SEYMOUR PIERCE
While not quite a gold medal winning performance from the official Olympic supplier of clothing and homewares, Next has delivered a highly commendable one nonetheless, slightly above the top end of its guidance. Next is a well run and highly cash generative company.

BETHANY HOCKING INVESTEC
This statement is further evidence that Next is outperforming peers. What is also encouraging is that the beat comes from both Retail and Directory, not just the latter, which should go some way to silence bears’ fears regarding the store estate.

CLIVE BLACK SHORE CAPITAL
Next has further underscored its capability to manage expectations well, maintain a tight grasp of its business and so deliver favourable news flow in the most challenging of markets. As a result of this performance, Next has performed marginally ahead of its previously guided sales growth .