Episode Details

Next, a UK retail giant, boosts profit and sales forecasts despite Middle East conflict costs. They now expect £1.22 billion in pretax profits, with full-price sales up 5%. Despite tripling Middle East costs to £47 million, Next plans to offset with price hikes in non-European markets. Shares surged 2.2% in London trading, outperforming rivals like Sainsburys and Tesco. Strong first-quarter sales, driven by non-brand items, fueled growth before tensions escalated.

Support the show:
Get a discount at https://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/d885c024b6d1a04a