Company in the news: Next

Next share price chartIn stark contrast to Debenhams, Next (LSE: NXT) continues to do really well. It did not start discounting items until Boxing Day, but managed to grow sales by nearly 12% on last year.

Sales from its retail stores grew by 7.7%, while its online Next Directory continues to be the star performer, with sales up by 21%.

Earnings per share for the year will have increased by nearly one quarter. Profits for next year are expected to increase [...]

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