Enderby retailer Next has seen profit and sales soar in the year to January 2025.
The company saw total group sales of £6.3bn, up from £5.8bn in the year prior. Meanwhile, pre-tax profits passed £1bn, growing from £918m.
Maintaining this momentum, full price sales in the first eight weeks of the year have been ahead of Next’s expectations, seeing the business upgrade its financial guidance for the year to January 2026.
The firm has now put full price sales guidance for the first half to be up 6.5% (from 3.5%), resulting in sales for the full year being up 5% (from 3.5%). Moreover, pre-tax profit guidance has increased by £20m to £1.066bn, up 5.4%.
