In the 13 weeks to 30th April, full-price sales at Next were up +21.3% YoY, prompting the retailer to maintain its guidance for full-year profit before tax at £850m (up +3.3% YoY).
Last year, most of Next's stores were shut for the majority of Q1, resulting in retail growth this year of +285%. Conversely, Next's online sales were boosted by the store closures, which is why the retailer expected to be down in this regard (-11% YoY). However, online sales were up +47% Yo3Y.