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NXGPY / Next lowers guidance but should be able to navigate tricky year, say analysts

Next lowers guidance but should be able to navigate tricky year, say analysts
Nearly £300mln was wiped from the value of Next PLC (LSE:NXT) after the clothing retailer downgraded earnings guidance by £10mln. That may appear a knee-jerk reaction; however, the group has tended to under-promise and over-deliver under boss Simon Wolfson. Read More
Posted: Mar 24 2022, 10:10
Author Name: Proactive Investors
Views: 110780

NXGPY News  

Next PLC share price could jump to 7,080p if it clears this hurdle

By Invezz
June 29, 2023

Next PLC share price could jump to 7,080p if it clears this hurdle

Next PLC (LON: NXTL) share price has made a strong recovery in June after the company published strong financial results last week. The stock jumped t more_horizontal

Next sales to be lost to foul weather and cheaper alternatives

By Proactive Investors
April 28, 2023

Next sales to be lost to foul weather and cheaper alternatives

Next PLC (LSE:NXT) results back in March raised questions about whether the clothing retailer was now an ex-growth company. Sales for the first eight more_horizontal

Next plc results: full-year sales up 8.4%

By Invezz
March 29, 2023

Next plc results: full-year sales up 8.4%

Next plc (LON: NXT), on Wednesday, posted strong results for its fiscal 2023. Shares still ended in the red today. more_horizontal

Next PLC share price dives after weak guidance: buy the dip?

By Invezz
March 29, 2023

Next PLC share price dives after weak guidance: buy the dip?

Next PLC (LON: NXT) share price has done relatively well in the past few months even as the cost of living of living crisis has intensified. It rose t more_horizontal

Next's results may point to further pressure, says broker

By Proactive Investors
March 24, 2023

Next's results may point to further pressure, says broker

Next's full-year results released on Wednesday may highlight that further pressures on consumer spending lie ahead. Analysts at JP Morgan noted that more_horizontal

Next downgraded to 'underperform' on valuation grounds by Credit Suisse following trading update

By Proactive Investors
January 6, 2023

Next downgraded to 'underperform' on valuation grounds by Credit Suisse following trading update

Analysts at Credit Suisse have downgraded their rating for Next PLC (LSE:NXT) to 'underperform' from 'neutral' on valuation grounds in spite of rais more_horizontal

Next PLC: Retailer over-delivers per its playbook; share price up 7% as brokers re-look at estimates

By Proactive Investors
January 5, 2023

Next PLC: Retailer over-delivers per its playbook; share price up 7% as brokers re-look at estimates

Per the Next PLC (LSE:NXT) playbook, the retailer Thursday over-delivered - having in 2022 under-promised after trimming back sales and earnings guida more_horizontal

Next PLC enjoys strong Christmas, with sales ahead of forecast, but warns of lower profits ahead

By Proactive Investors
January 5, 2023

Next PLC enjoys strong Christmas, with sales ahead of forecast, but warns of lower profits ahead

Next PLC (LSE:NXT) gave investors some good and bad news as it updated on trading today with strong Christmas sales offset by a warning that profits w more_horizontal


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