Next, Barratt Developments, Trainline set for Thursday’s spotlight
It is set to be an active Thursday for trading updates/
Company
Next PLC
LON:NXT
Next plc is a United Kingdom-based retailer offering products in clothing, footwear, accessories and home products
571 stories · page 12 of 29
Peacocks rescue deal agreed
A management buy-out backed by Dubai-based investors has been agreed
Next rules out further closures this year, upgrades full-year guidance
The central case scenario was revised upwards following strong performance recently
Archive
FTSE 100 ends positive ahead of long Easter weekend, while Wall Street lifted by strong manufacturing figures
The UK blue chip index closed in the green and Dow is moveing higher after survey showed ten months of growth from US factories
What businesses want from Wednesday’s Budget
Several sectors have demanded specific measures that will help them survive the pandemic
Next scraps Topshop buyout offer
It is understood that Chinese online platform Shein is now the frontrunner to acquire Topshop with a £300mln offer
Next frontrunner to snap up collapsed Topshop owner Arcadia
Mike Ashley’s Frasers Group and Barneys department store owner Authentic Brands, which planned to make a joint effort with JD Sports, are also bidding
Next down to neutral as UBS says limited upside following profit upgrade
Despite the rating change, the bank also hiked its target price for the retailer to 8,100p from 6,550p, although added that there is now “less scope for further re-rating and upwards earnings revisions” over the next 12 months
Next a ‘buy’ again for Liberum over potential to outperform competitors
The broker reinstated the target price of 8,300p after “very resilient Christmas trading which beat expectations”
Next hardly seems to have put a foot wrong in 30 years
The company has had a succession of visionary leaders and in the current century at least has made a habit of under-promising and over-delivering
Next makes small upgrade to full-year profit expectations but store closures bite
Profit gained in the past few weeks has been almost entirely offset by the anticipated loss of upcoming January closures and the additional costs of clearing stock online
Next and supermarkets to report on disrupted Christmas trading
There will be a supermarket industry spending report from Kantar, plus an individual update scheduled from Morrison's
Archive
FTSE 100 continues its breakout as lockdowns loom; US markets take a dive
The prime minister is expected to announce tougher restrictions at 8.00pm tonight, with many people expecting England to go into full lockdown.
Archive
Retail trading updates eyed in first week of 2021 as coronavirus lockdowns roll-on
The macro calendar will return with a selection of UK and US PMI readings as well as the all-important US non-farm payrolls data on Friday, January 8
Next upgrades profit forecasts as third quarter sales come in better than expected
Sales in the quarter had been boosted by a strong performance in the clothing retailer's online division, which offset declines from its retail stores
Barclays starts Next with ‘overweight’ rating citing online offer progress
The group's UK stores are expected to contribute just 31% of sales and 14% of underlying earnings by calendar 2022 as the growth of online sales dominates
Chancellor's Winter Economy Programme not enough say critics
More than one in ten UK workers currently are being supported by furloughing
Archive
Next to adopt “slightly more adventurous” styles as it gears up for changes in consumer behaviour
“I don’t think people will walk into Next and see a completely different Next and be shocked by it," said chief executive Simon Wolfson
Next shares downgraded as broker sees valuation as up with events
The retailer's shares have “had a decent run”, the analysts said
Next tumbles to loss but says online shopping habits are sticking
Even in its worst forward guidance scenarios for the year, the group is expected to generate profits and cash and cut debt