The results are in 👀

Our Results for the Year Ending January 2024 have landed! Here are the headlines:

💸 NEXT Trading full price sales up +4.0% and total Group sales (including subsidiaries) up +5.9%.

💷 NEXT Group profit before tax £918m, up +5.0%. This is £3m ahead of the guidance of £915m given in January, largely due to better than expected clearance rates of Sale stock in January.

🛍 Over and above this, we made an exceptional gain (non-cash) on the Reiss acquisition of £109m. We have excluded this gain from our headline profit number.

📊 Underlying full price sales growth of +2.5% and total Group sales (including subsidiaries) +6.0%.

📈 NEXT Group profit guidance £960m, up +4.6%.

💸 Post-tax Earnings Per Share (EPS) is forecast to be 606.3p, up +4.8%.

Read the full report here: [ Ссылка ]

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