NEXT plc (LON: NXT)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 11.40B |
| Revenue (ttm) | 5.49B |
| Net Income (ttm) | 802.30M |
| Shares Out | 127.10M |
| EPS (ttm) | 6.55 |
| PE Ratio | 14.37 |
| Forward PE | 13.97 |
| Dividend | 3.47 (3.68%) |
| Ex-Dividend Date | Jul 4, 2024 |
| Volume | 178,406 |
| Open | 9,362.00 |
| Previous Close | 9,392.00 |
| Day's Range | 9,320.00 - 9,442.00 |
| 52-Week Range | 6,334.00 - 9,442.00 |
| Beta | 1.28 |
| Analysts | n/a |
| Price Target | 8,872.25 (-5.87%) |
| Earnings Date | Mar 21, 2024 |
About NEXT plc
NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments. It offers consumer credit; NEXT branded products; and women's, men's, children's, clothing, homeware, and beauty products under the LABEL brand, as well as other third-party brands. The company also provides property management services... [Read more]
Financial Performance
In 2023, NEXT plc's revenue was 5.49 billion, an increase of 9.08% compared to the previous year's 5.03 billion. Earnings were 802.30 million, an increase of 12.73%.
Financial StatementsNews
Next Sales Rise as Inflation Pressures Ease, Maintains Forecast
Next Plc said first quarter sales were solid as easing price pressures boost shoppers’ desire to buy clothes and shoes.
Next Backs Guidance as Sales Rise Tops Hopes
Next reiterated its guidance for fiscal 2025, forecast an adjusted profit of £960 million, after reporting an above-forecast rise in full-price sales for the first quarter.
NEXT earnings: NXT shares are surging, what do analysts say?
Next shares jumped to record highs on Thursday, propelled by yet another impressive set of full-year results, defying softer economic conditions and outperforming industry rivals. The company's robust...
Next held talks about buying Body Shop assets - report
Next PLC (LSE:NXT) has emerged as a potential buyer of parts of The Body Shop, after the collapse of the beauty chain for some time. The FTSE 100 clothing giant approached administrators to company se...
What's going on with the Next PLC share price as it hits ATH?
Next PLC (LON: NXTL) share price surged to a record high as the company continued its remarkable growth. The stock surged to a high of 8,526p, 40% above the lowest level in January last year.
Houthi attacks on ships in the Red Sea could hit Next’s sales, clothes seller’s CEO warns
Next PLC has warned that continued attacks by Houthis on cargo ships in the Red Sea risk disrupting its supply chains and delaying deliveries to the U.K. by up to two-and-a-half weeks.
Next raises outlook again after better-than-hoped Christmas
Next PLC (LSE:NXT) has increased profit guidance again after reporting sales during November and December were better than anticipated. Kicking off the Christmas trading statement season, the Leicest...
Next plc goes ex-dividend tomorrow
Next plc (NXGPY) declares a semi-annual dividend of $0.3527/share, payable on Jan. 18 to shareholders of record on Dec. 8, ex-div date on Dec.
Next exposed to lagged impact of interest rate rises
Next PLC (LSE:NXT) is more exposed to the lagged impact of interest rate rises in the UK, according to RBC Capital Markets. The broker has downgraded the Leicester-based retailer to sector perform fro...
Next online and full-price sales showcasing route for industry success
Next PLC (LSE:NXT) is up over 4% on Wednesday after exceeding analyst expectations at its third-quarter update, leaving investors hopeful of an upcoming boost to the wider industry. Although most shar...
Next raises outlook again as weather drives volatile quarter
Next PLC (LSE:NXT) has increased profit guidance for the fourth time in recent months as sales in its third quarter grew more than expected. The Leicester-based retailer has nudged up its full-year pr...
Next to suffer weather-led slowdown ahead of results, analysts say
Next PLC (LSE:NXT), the fashion retailer, has dropped close to 5% since its last reported results in September and these drops could continue after its third-quarter update on Wednesday. Sales at the ...
Next bulks out with £115 million purchase of FatFace
Next PLC (LSE:NXT) has confirmed it has bought most of FatFace for £115.2 million from a consortium of financial institutions. The Leicester-based retailer said the deal would be settled partly in cas...
Next falls as JPMorgan warns warm weather could hit clothing sales
Next PLC (LSE:NXT) shares fell 3.7% as JPMorgan warned that the warm weather may not be helping clothing retailers as they launch their Autumn/ Winter ranges. The bank pointed out that the autumn/wint...
Royal Mail, Next, 88 Energy, JD Sports: What brokers said today
JD Sports Fashion PLC (LSE:JD.) has provided a “reassuring update”, analysts at Barclays believe, as it posted interim results slightly ahead of consensus and outlined it is on target to achieve full-...
Next: Living wage will 'outpace inflation' and bruise retailer's topline, analysts say
National Living Wage increases are expected to “outpace general inflation” this year, which could leave retailers such as Next PLC (LSE:NXT) in potential hot water, according to analysts. While the i...
Next raises guidance again on better sales, lower costs
Next PLC (LSE:NXT) has raised guidance for the second time in two months due to better than expected sales, lower costs and reduced inflationary pressures. The flagship retailer now expects full-year ...
Next picks Warburg Pincus' stake in Reiss for £128 million
Next PLC (LSE:NXT) has agreed to buy Warburg Pincus' 34% interest in Reiss for £128 million. The deal, which is expected to complete in mid-October, will see Next's holding in the Reiss business incre...
Next PLC share price could jump to 7,080p if it clears this hurdle
Next PLC (LON: NXTL) share price has made a strong recovery in June after the company published strong financial results last week. The stock jumped to a high of 6,908p on Thursday, the highest level ...
Next PLC: Leading banks hard to impress after retailer's surprise update
UBS has upgraded its valuation of shares in the high street retailer Next PLC (LSE:NXT) and now expects the company's share price to reach 6850p (up from 6,550p). This comes after Next reported strong...
Next Soars To Top Of FTSE 100 As It Upgrades Profit Forecasts
The FTSE business now expects sales to rise 1.4% year on year. It had tipped an annual fall of 1.5% as recently as last month.
Next raises guidance thanks to warm weather and salary hikes
Next has upped its profit guidance for the year on the back of performance “materially better” than previously issued forecasts, although it does not expect trading at current levels to continue. Prof...
Shell, Next and Virgin Money earnings on Thursday plus AGMs
Two days after its big local rival, Shell PLC (LSE:SHEL, NYSE:SHEL) reports but with more confidence among analysts that it has scope to up its shareholder returns. It is awash with cash and could eas...
Next sales to be lost to foul weather and cheaper alternatives
Next PLC (LSE:NXT) results back in March raised questions about whether the clothing retailer was now an ex-growth company. Sales for the first eight weeks of the 2023 financial year were down 2% it h...
Next plc results: full-year sales up 8.4%
Next plc (LON: NXT), on Wednesday, posted strong results for its fiscal 2023. Shares still ended in the red today.