NEXT has raised its sales and revenue steering following a stronger-than-anticipated third quarter, marking one other sturdy efficiency for one of many UK’s most resilient retail chains.
In the 13 weeks to 25 October 2025, full value sales have been up 10.5% versus final 12 months, coming in £76 million forward of steering, which had predicted development of 4.5%.
UK sales rose 5.4% 12 months-on-12 months, barely under the 7.6% development achieved within the first half however nonetheless forward of expectations of 1.9%.
The firm famous that whereas sales development within the UK has slowed in contrast with the “exceptional” first-half efficiency – helped earlier within the 12 months by beneficial climate and competitor disruption – development remained stronger than forecast.
NEXT stated it had underestimated the constructive impression of improved inventory ranges, as final 12 months’s inventory deliveries have been delayed by disruption in Bangladesh and world freight constraints.
Elsewhere, abroad sales surged 38.8%, exceeding each the 28.1% development achieved within the first half and the corporate’s steering of 19.4%.
NEXT attributed this to greater-than-anticipated returns on digital advertising investments and improved inventory availability following the consolidation of warehousing operations in Europe.
Looking forward, the retailer has elevated its steering for full value sales within the fourth quarter from 4.5% to 7%, including an additional £36 million of full value sales to its forecast.
As a results of the stronger Q3 and improved This fall outlook, NEXT is growing its full-12 months revenue earlier than tax steering by £30 million to £1.135 billion.
The firm additionally raised its complete group sales steering by £150 million, £38 million greater than the rise in full value sales.
Of this, £23 million displays the timing of markdown sales – extra surplus inventory was positioned into the September mid-season sale slightly than the Christmas sale – whereas £15 million comes primarily from extra clearance sales. Total surplus inventory within the second half is anticipated to rise round 3.5%.
NEXT, which operates 899 shops, has remained a constant shiny spot throughout the retail sector lately, delivering strong buying and selling regardless of price-of-residing pressures and better working prices.
However, the corporate beforehand struck a notice of warning concerning the broader financial setting. Chief Executive and Conservative peer Lord Simon Wolfson nonetheless warned final month that client sentiment is cooling amid ongoing financial uncertainty and rising unemployment.