A popular UK retailer has announced its sales in the third quarter were up +7.6% versus last year. This was +2.6% ahead of its guidance for the quarter of +5.0%. The company, selling various goods from clothing to furniture, believes the strong performance was driven by the early arrival of colder weather this year, versus an unusually warm September and early October last year.
Photo: NEXT.
As a result of this increase, the retailer, NEXT, is increasing guidance for Q4 full price sales growth by +1.0%, to +3.5%.
More information:
NEXT
www.next.co.uk