- Pretax Profit Forecast: Uplift to GBP 980 million, previously GBP 960 million, and surpassing estimates of GBP 961.1 million.
- Full-Price Sales for FY: Now expected to grow by 3.4%, compared to prior projection of 2.5%.
- EPS (Earnings Per Share) Post-Tax: Revised to 616.5 pence, up from 606.3 pence, exceeding estimates of 615.3 pence.
- Second Quarter Results Highlights:
- Full-price sales increased by 3.2%.
- Retail sales dropped by 4.7%.
- Online sales rose by 8.1%.
- Finance interest income grew by 3.3%.
- Additional Comments: Profit guidance increased due to additional sales and cost savings, particularly in logistics.
- Analyst Ratings:
- 6 Buy
- 13 Hold
- 1 Sell
A look at Next PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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 company involved in retailing, home shopping, and customer services management, shows a promising long-term outlook according to Smartkarma Smart Scores. With strong ratings in Growth and Momentum at 4 each, the company is positioned for future expansion and has positive market momentum. This indicates a potential for Next PLC to experience substantial growth and drive shareholder value in the coming years.
However, the company’s scores in Value and Resilience are rated lower at 2 each, suggesting some areas of improvement needed in terms of financial valuation and resilience to market volatility. Despite this, with a solid score of 3 in Dividend, Next PLC offers a stable dividend to its investors, adding to its attractiveness for income-seeking investors. Overall, Next PLC‘s strategic positioning in the retail sector, coupled with its strong growth and momentum scores, bode well for its long-term performance.
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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