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NXT Next Plc

7,400.00
118.00 (1.62%)
Last Updated: 08:30:02
Delayed by 15 minutes

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Share Name Share Symbol Market Type Share ISIN Share Description
Next Plc LSE:NXT London Ordinary Share GB0032089863 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  118.00 1.62% 7,400.00 7,396.00 7,404.00 7,416.00 7,310.00 7,334.00 12,535 08:30:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Fabricated Textile Pds, Nec - 711.7 550.6 13.2 9,565.46

Next Share Discussion Threads

Showing 6226 to 6244 of 6250 messages
Chat Pages: 250  249  248  247  246  245  244  243  242  241  240  239  Older
DateSubjectAuthorDiscuss
20/6/2023
09:10
What can I say?
jettyboy
19/6/2023
14:16
An unscheduled trading update with good news!



The bellweather stock doing better because of the weather.

nk104
15/6/2023
19:11
Next in talks for £500m Reiss sale


Next bought 25% stake for £33m in 2021 and increased to 51% when they exercise an option last August.
That appears a good investment.

darrin1471
14/6/2023
21:34
Trading ahead of expectations?
jettyboy
29/3/2023
08:03
Next is an incredibly well run business led by a consummate pro
sankshiela
16/1/2023
17:21
Reiss the premium retailer posted a 20.3% year on year sales rise in the nine weeks to 7 January.
Online sales skyrocketed 22.3% in the period while store sales soared 18.5%.
Next owns a 51% stake in Reiss.

hxxps://www.retailgazette.co.uk/blog/2023/01/reiss-christmas-profit/

darrin1471
10/1/2023
13:28
NEXT themselves have forecast lower full price sales (-1.5%) and profits (£795) in 23/24 despite product inflation of 6-8%

I bought NXT big time pre results but moved it on into WRKS and MKS as both have more recovery potential in Q1 IMO

Medium term I see NXT, MKS and FRAS as the big retail omnichannel winners on the high street.

darrin1471
10/1/2023
12:47
The market is actually on the way up a.t.m. Next has dropped 2,42% today because some say that retailers profits will be down but I shall be surprised if this applies to Next. If it goes any lower I shall top up again. As people start circulating again, new clothes will be bought. Not everyone is on the breadline. After 3 years of shielding, even I am running out of clothes fit to be seen out in.
bouleversee
10/1/2023
11:49
Retailers sales up. https://www.retailtimes.co.uk/barclaycard-continues-to-see-increase-in-black-friday-transactions-as-currys-records-56-online-purchases-per-minute/
blackhorse23
05/1/2023
16:01
Retailers year 2023 , next had good Xmas trade , next trading update CURY on 18th & expecting boosted Xmas earnings & cash generation NEWS
blackhorse23
05/1/2023
14:20
Superdry was a DD customer but has been converted to Platform Plus (now Label Plus) as has been the case with a number of 3rd party supplies.
jettyboy
05/1/2023
08:20
quality company, quality management. Almost unparalleled transparency.

buy, re-invest dividend, rinse and repeat.

bg23
05/1/2023
07:35
UK fashion retailer Next said Christmas trading had been better than expected but remained cautious about profits for the coming year, predicting a small decline.

The FTSE 100 group is the first significant retailer to update on trading over the most important period of the year. It said full-price sales were up 4.8 per cent in the nine weeks to December 30 against its own prediction of a 2 per cent fall.

It said the onset of cold weather in December had boosted sales, while comparative figures for last year were affected by Covid-19 and stock shortages.

That means profit for the year to January 2023 is now expected to be £860mn, up £20mn from its previous projection.

Next said the outlook for the year to January 2024 was cautious, predicting a 1.5 per cent decline in full-price sales and a pre-tax profit of £795mn, which would be a fall of 7.6 per cent from this year’s projection. The figure was ahead of consensus forecasts of around £780mn, however.

Although inflation had eased in some areas, Next said it expected spring and summer ranges to cost 8 per cent more than last year and autumn-winter lines to be 6 per cent more. It also said it would have to absorb increases in electricity and labour costs.

buy2sell1
04/1/2023
14:18
"Platform Plus Stock is held in our partners’ warehouses at the time a customer order is placed and then injected into NEXT’s logistics network to be delivered to the
customer, along with any other NEXT purchases."

"Direct Dispatch Stock is held in our partners’ warehouses and delivered directly to the customer. Increasingly this stock is delivered by nominated NEXT carriers."

jettyboy. Could Superdry be on "Direct Dispatch" or are they defiantly "Platform Plus" ?

darrin1471
04/1/2023
13:38
jettyboy. Thanks for the pointer.
Next annual report 2022:
"Platform Plus enables us to sell items stocked in our clients’ warehouses to our customers on a two day delivery promise. Items are collected daily from our partners’ warehouses, consolidated with other items in the same order, and delivered through our own network, enabling us to take end-to end ownership of our delivery service.
During the year, we extended the functionality of Platform Plus to allow us to predict future sales and pre-emptively order non-stocked items. In this way Platform Plus begins to tailor our offer to meet future demand. This development opens up the possibility of working on very thin initial stock levels for higher priced products; a development we think may be important for our ability to attract more
premium clients to our website."

darrin1471
04/1/2023
10:45
Superdry sell their goods through the Label+ platform on Next. This gives an integrated delivery service for all products on the Next website and it has been growing significantly this year in terms of 3rd parties that use it and the volume they sell.
jettyboy
04/1/2023
09:00
I have bought in heavily into Next over the last week in anticipation of bumper Christmas sales and profits.
Anecdotal evidence is that the high street did better than forecast with good sell through of full price goods. Shops were not clearing excess stock the week before Christmas.
In 2021 consumers were buying earlier in November due to shortages caused by logistics, and worries over omicron. November 22 like for like sales may be poor but December LfL should be very good with the added bonus of 8 shopping days after the schools closed.

darrin1471
04/1/2023
08:50
Superdry H1 pre close on 22/12/22 (to 29 October 2022)said Total Retail was +9.6%.
"performance from third party sites being the key drivers of growth."
i.e Next, MKS etc

darrin1471
29/12/2022
14:51
Could the cold weather have driven good pre-christmas sales?
jettyboy
Chat Pages: 250  249  248  247  246  245  244  243  242  241  240  239  Older
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