Buy
Sell
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
  +82.00p +1.44% 5,782.00p 5,770.00p 5,772.00p 5,820.00p 5,712.00p 5,712.00p 422,647 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 3,917.1 722.9 435.3 13.3 8,033.71

Next Share Discussion Threads

Showing 5976 to 5998 of 6000 messages
Chat Pages: 240  239  238  237  236  235  234  233  232  231  230  229  Older
DateSubjectAuthorDiscuss
30/4/2019
10:38
Will Wednesday’s first quarter results interrupt Next’s remarkable start to 2019? Though the company actually posted a, admittedly in line, 0.4% drop in full year pre-tax profit to £722.9 million back in March, the overall tone of the update was surprisingly positive. Total Brand sales rose 2.6% to £4.12 billion, with a 7.9% decline in Retail and a 14.7% increase Online, bringing the two divisions even closer in terms of the proportion of revenue they bring in. It is highly likely that by this time next year, the latter will have overtaken the former. Currently Next is expecting total full price sales to rise 1.7% for the year to January 2020, with a 1.1% drop in pre-tax profit to £715 million but a 3.6% jump in earnings per share. Investors will be after a (positive) revision to this guidance on Wednesday, alongside whatever Brexit words Wolfson has for the markets this time out. Read what Spreadex analysts have to say here: hxxps://spreadex.com/?tid=390586
connorcampbell
30/3/2019
06:24
Next up 84p per share.Theresa May was wearing her cool red heels. Next is my favourite store quality items that fit well.
vesna09
27/3/2019
09:10
Https://www.dailymail.co.uk/money/diyinvesting/article-6853057/THE-PRUDENT-INVESTOR-sell-great-Brexit-bungle-swallows-life-savings.html Please do your own research as always.
qantas
21/3/2019
12:24
The results were decent, and good compared to most high street retailers. It wouldn't take much to return the share price to £80, and when the dust settles on Brexit and the clear out of established retailers that are struggling, Next will be in a good position to take advantage. I recall the share price was below £9 at the bottom of the financial crisis, but as soon as consumer sentiment turned round they rebounded quickly. You could go back in Next's history and see a similar pattern ... it's the best managed retailer on the high street.
alex1621
21/3/2019
12:05
Phew I unloaded these at 64, 50k worth, thank god, had been a reasonable earner but I just cannot see them going anywhere but down, they are going to do well to stand still, regardless of whether the brexit sxxtshow gets resolved or not altho trying to buy foreign sourced stock with trashed sterling cannot help. Next looks a bit tired, the Ceo is too political, I gather his next move is to become a Tory MP or something, pages and pages of stuff about bloody brexit in the reports when they would have been better off unloading all that ( expensive ) bricks and mortar retail space, even the online retailers like asos struggling, spending more and more to make smaller and smaller margins, these just are not the businesses to be invested in anymore, you hold your breath before every company report now, who needs that.
porsche1945
21/3/2019
08:38
Clothing retailer Next confirmed full-year sales and profits in line with its pre-close statement in January and maintained its guidance for earnings to grow 3.6% for the year ahead. Total group sales of £4.2bn were generated in the year to January, up 2.5% on the previous year, while profit before tax was down 0.4% to £722.9m. Earnings Per Share increased 4.5% to 435.3p, helped by share buybacks.
qantas
21/3/2019
06:50
Is there any reason why you keep opening new threads just cos a company has results ?
miti 1000
20/3/2019
13:44
!YOUTUBEVIDEO:PHFyQn6t9Mo: Will investors be saying thank you, Next following Thursday’s full year results? As is tradition, Next was out of the gates early with its post-Christmas trading update, one that ended up setting 2019’s rebound in motion. For the holiday period – classed by Next as October 28th to December 29th – total full price sales (including interest income) rose 1.5%, with a 9.2% decline in Retail softened by a 15.2% surge Online. All this means that Next is expecting a 0.4% drop in pre-tax profit to a slightly lower than previously forecast £723 million, alongside a 4.4% increase in earnings per share. For the financial year to January 2020, meanwhile, the retailer forecast a further 1.1% decline in pre-tax profit to £715 million, with a 1.7% jump in total full price sales. Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here: https://spreadex.com/?tid=388575
connorcampbell
20/3/2019
13:43
Will investors be saying thank you, Next following Thursday’s full year results? As is tradition, Next was out of the gates early with its post-Christmas trading update, one that ended up setting 2019’s rebound in motion. For the holiday period – classed by Next as October 28th to December 29th – total full price sales (including interest income) rose 1.5%, with a 9.2% decline in Retail softened by a 15.2% surge Online. All this means that Next is expecting a 0.4% drop in pre-tax profit to a slightly lower than previously forecast £723 million, alongside a 4.4% increase in earnings per share. For the financial year to January 2020, meanwhile, the retailer forecast a further 1.1% decline in pre-tax profit to £715 million, with a 1.7% jump in total full price sales. Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here: hxxps://spreadex.com/?tid=388575
connorcampbell
26/2/2019
10:45
They've been laid low by Brexit uncertainty and structural changes regarding online encroaching bricks and mortar. Next is well positioned to deal with the later and if the Brexit uncertainty clears we might see a boost in home based stocks and consumer confidence. So it might actually be a good time to look at the sector? Always darkest before the dawn.
alex1621
25/2/2019
21:08
Share buybacks are basically a way of returning value to shareholders, like a dividend. Nothing necessarily wrong with it. It's one of the reasons I like Next, next to it's profitability. That said, I'm not invested - won't be investing in a high street retailer any time soon.
kmreid
25/2/2019
12:08
diku - Simon Wolfson explained Next's rationale for share buybacks in the January 2013 year end report which is available here Https://www.nextplc.co.uk/~/media/Files/N/Next-PLC-V2/documents/reports-and-presentations/2012/ar2013.pdf
cluelessbugger
04/2/2019
23:13
Amazing for how long NXT just keeps on buying back shares for cancellation...just over 100 mln shares in issue according to ADVFN stats...flatter the results?...
diku
04/1/2019
10:37
It will be interesting to see if the year end results show them crossing the threshold into mainly online business with a "few" shops. They weren't far off last year. However I still think that sector sentiment might drag them lower when we see trading updates from other retailers. Not to mention macroeconic uncertainty. EssentialInvestor - don't give Simon too much credit. I remeber him saying at an AGM that he didn't think that the internet would ever amount to more than 10% of Next's business. That prejudice can't have helped and they may well have been in an even better position if they'd accepted the changing dynamics of retail sooner. Presumably he has a good team that persuaded him otherwise.
cluelessbugger
03/1/2019
09:41
Indeed Russ, fortunate rather than good fortune.
essentialinvestor
03/1/2019
09:35
its more than "fortune" their strategy was to go into online early on and move next directory online and one of the 1st retailers to do next day delivery intitally and continually improved it where you can order late at night and comes next day, whereas M&S or debenhams etc were too slow to adapt and even now struggling online
russ1983
03/1/2019
09:25
Next shares rise despite profit outlook downgrade Fashion retailer’s Christmas trading gives hope to stressed High Street Jonathan Eley FT Fashion retailer Next kicked off the festive reporting season with a small downgrade to its full-year profit outlook and a forecast of slight reduction in profit next year, but avoided a heftier cut to earnings expectations. The company, traditionally the first to report on Christmas trading, said full-price sales from October 28 to December 29 were up 1.5 per cent, in line with its previous guidance. It confirmed the view of others that November sales were disappointing, but said the October half-term had been strong, as were the weeks leading up to Christmas. The sales increase included a contribution from new store space and from finance income. The reduction in Next’s guidance for full-year profit — from £727m to £723m — was a result of lower margins on beauty products in the run-up to Christmas, plus the higher cost associated with fulfilling online orders. Over half the group’s sales are now made online. Next’s new guidance was a less drastic reduction than some in the market had feared, lifting its shares by as much as 7 per cent and lending a helping hand to the share prices of rivals Marks and Spencer and Primark-owner Associated British Foods. Berenberg analyst Michelle Wilson, who recommends selling the shares, said that while the update was better than feared, the drop in store sales was worse than consensus forecasts. “The drag from negative like-for-likes means Next will continue to report profit declines, even if it can generate revenue growth,” she said in a note to clients. Sales in the group’s 540 stores were down 9.2 per cent, but this was offset by a 15 per cent gain in online sales. Store sales have been falling for several years, but the group has previously said all its stores are still profitable and cash-generative. Ms Wilson added that the rate of decline in store sales had negative implications for more store-focused retailers such as Marks and Spencer, which is due to update investors on January 10. However, Liberum analysts described the overall increase as “a very admirable result,” and said the shares looked too cheap. They upgraded their recommendation to buy with a £61 share price target. Next shares ended 2018 down 10 per cent, mostly because of a steep sell-off in the last two months of the year. That followed comments from Sports Direct founder Mike Ashley about a challenging retail environment, and a profit warning from online fashion retailer Asos. The profit outlook is still a disappointment compared to last year. This time in 2018, the group raised its profit guidance for the year, helped by cold weather in the run-up to Christmas. If the forecast £723m of profit is achieved, it will be broadly flat compared with last year, though earnings per share will be higher because of share buybacks. For the year to January 2019, the company said it expected group profit to be £715m, though it cautioned that this forecast comes with a high degree of uncertainty, not least because of Brexit. It could spend up to £300m on share buybacks, which would increase earnings per share by around 3.6 per cent. Analyst consensus had been for full-year group profit of £725m.
spob
03/1/2019
09:19
Simon is sharper than an unused scalpel, he's one of the CEO's who create large shareholder value, there aren't that many!.
essentialinvestor
03/1/2019
09:19
Fortunate to have the online business with store sales falling fast. I wouldn't call it "fortunate". It's not luck, it's a company planning for, and dealing well with, the shift from high street to online. The net result is continued growth.
greyingsurfer
03/1/2019
09:10
I think Next online sales are greater than in store sales they can close underperforming stores if they want
spob
03/1/2019
09:00
Fortunate to have the online business with store sales falling fast.
essentialinvestor
03/1/2019
07:51
OUTLOOK FOR SALES, PROFIT, CASH FLOW AND EPS IN THE YEAR AHEAD Sales Next year, our central guidance for full price sales growth (including interest income) is +1.7%, in line with the second half performance of the current financial year. In the year ahead, we are assuming a similar economic environment as that experienced in the second half of the current year. Within this guidance, we expect Retail sales to be down ‐8.5% and Online sales to be up +11%. Any sales forecast made in January comes with a high degree of uncertainty. This year uncertainty around the performance of the UK economy after Brexit makes forecasting particularly difficult. We have not factored into our sales estimates the potential benefits of a smooth transition or the downsides of a disorderly Brexit. Profit, Cash Flow and EPS At this level of sales growth, we anticipate Group profit would be £715m2, a decline of 1% on the profit forecast for the current financial year. We anticipate that the Company will remain strongly cash generative and our forecast for capital expenditure in the year ahead remains in line with the guidance given in September. At our central guidance, we estimate surplus cash3 generation of £300m. We intend to continue our policy of returning surplus cash to shareholders through share buybacks (subject to market conditions). We estimate that the enhancement to Earnings Per Share from £300m of share buybacks would be 4.7% and at our central profit guidance, Earnings Per Share would increase again in the year ahead, by +3.6%.
spob
03/1/2019
07:42
Https://www.nextplc.co.uk/~/media/Files/N/Next-PLC-V2/documents/reports-and-presentations/2018/trading-statement-jan-19.pdf
spob
Chat Pages: 240  239  238  237  236  235  234  233  232  231  230  229  Older
Your Recent History
LSE
NXT
Next
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190526 19:46:36