Things are looking good for Next, as the high-street retailer revised its full-year profit guidance after a strong first half.
Next saw increases across the board: directory sales were up 16.5 per cent and retail sales 7.5 per cent. All sales across the brand were up 10.7 per cent.
The company now expects its pre-tax profit to come in at £775m – £815m up from £750m – £790m.
With such bullish news, it was little surprise that shares rose; quickly jumping above two per cent.