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UK's Next nudges up profit outlook after first quarter sales rise

Wed, 06th May 2026 07:07

LONDON, May ​6 (Reuters) - ⁠British clothing ​retailer Next on Wednesday ​reported a ‌better-than-expected 6.2% ⁠rise in first quarter ⁠full ​price sales and edged up its full-year profit ​guidance.

Next ‌said it was maintaining its guidance ​for full price sales ‌for the rest of its ‌2026/27 year and plans to mitigate ​the cost increases caused by ‌the Iran war with a combination ⁠of "moderate" ⁠price increases ‌in some international ​territories and operational ​cost ‌savings.

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