Next reports ‘better than expected’ Q1

In the 13 weeks to 26 April 2025, Next full price sales were up 11.4% year-on-year.

The Q1 sales were £55m ahead of Next’s forecast for the period, which was to be up 6.5%. The retailer said much of the over-performance was due to warmer weather, which has boosted clothing sales and warned that some of the sales will have been pulled forward from Q2. So despite the strength of the first quarter, Next is not increasing its sales guidance for Q2 or the rest of the year.

Taking the additional £55m of sales in Q1, Next is increasing its guidance for group profit before tax for the full year by £14m to £1,080m.

During the first quarter total online sales were up 8.9%, while retail sales increased 5.2%.

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