- Pretax profit grew by 14% year-over-year to GBP515 million, exceeding the estimated GBP506.7 million.
- Total group sales reached GBP3.25 billion, a 10% increase from last year, meeting expectations.
- Retail total sales increased by 3.7% year-over-year to GBP899 million, slightly below the estimated GBP909.5 million.
- Finance total sales were GBP151 million, up 0.7% year-over-year, in line with the estimate of GBP150.8 million.
- Operating profit rose by 16% year-over-year to GBP552.6 million.
- Retail operating profit decreased by 1.1% year-over-year to GBP96.7 million, below the estimate of GBP103.3 million.
- Profit after tax increased by 13% year-over-year to GBP387 million.
- The forecast for post-tax EPS in 2026 revised upwards to 714.1p from an earlier view of 709.0p and an estimate of 709.4p.
- The company maintains its outlook for full-year pretax profit at GBP1.11 billion, aligning with the estimate of GBP1.1 billion.
- Maintains the forecast of a 7.5% growth in full-price sales.
- Anticipates lower UK sales growth in the second half of the year compared to the first half.
- Projects diminishing UK employment opportunities in the second half, expecting it to dampen consumer spending.
- Expects slower growth overseas in the second half compared to the first half, due to strong comparative figures.
- Current market opinions include 10 buy ratings, 11 hold ratings, and 1 sell rating.
Next PLC on Smartkarma
Analysts on Smartkarma are closely following coverage of Next PLC, a well-known retail company based in the UK. Baptista Research, a reputable provider on the platform, has recently published a detailed report titled “NEXT Plc: Initiation of Coverage- Is the Zalando Alliance The Hidden Catalyst for International Growth?” This report delves into the company’s latest financial results, highlighting the strengths and challenges within its operations. Baptista Research aims to assess various factors that could impact Next PLC‘s stock price in the near future, offering an independent valuation utilizing a Discounted Cash Flow (DCF) methodology.
A look at Next PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Next PLC, a retail company known for its diverse offerings in ladies wear, mens wear, children’s wear, and housewares, is poised for a promising long-term outlook based on its Smartkarma Smart Scores. With a solid momentum score of 5, Next PLC demonstrates strong upward movement and market traction, indicating a positive trajectory for future growth and performance. Complementing this, the company also receives favorable scores in Dividend, Growth, and Resilience, all pointing towards a stable and potentially profitable future.
Overall, Next PLC‘s Smart Scores paint a picture of a company with a well-rounded profile, showcasing strengths across various key factors. While there may be areas for improvement, the combination of solid scores in Value, Dividend, Growth, Resilience, and particularly Momentum, positions Next PLC as a company to watch for investors seeking long-term prospects in the retail sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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