Retailer Next maintained its full-year guidance on Wednesday as it posted a rise in third-quarter sales.
In the 13 weeks to 29 October, full price sales were up 0.4% on the previous year, slightly ahead of the company’s expectations.
Online sales declined 1.9% during the quarter, while retail sales in the UK and Ireland were 3.1% higher.
Next maintained its guidance for full-year pre-tax profit of £840m, up 2.1% on the year, and earnings per share of 554.5p, up 4.5%. It also continues to expect sales for the rest of the year to fall 2.1%.
The company said full price sales in the last five weeks have been up 1.4%, underpinned by one particularly strong week at the end of September, when temperatures dropped and sales of heavier weight products improved.
