Next raises profit forecast as international business outperforms
Next ($NXT-LSE) lifted its full-year group pre-tax profit forecast to £1.255 billion, an increase of approximately £12 million from its previous expectation. The revised target implies growth of 8.4%. Statutory first-half pre-tax profit rose to £566 million from £509 million, while revenue reached £3.45 billion. Full-price sales increased 7.7%, supporting the retailer’s improved outlook. The upgrade was driven by international performance and operating savings rather than uniformly stronger dema