Next lifts profit forecast again as warm spring drives £55m sales boost

Next has raised its annual profit forecast for the second time this year after warmer spring weather drove stronger-than-expected sales in the first quarter.
The fashion and home retail giant saw full price sales rise 11.4% in the 13 weeks to 26 April —  ahead of the 6.5% increase it had forecast — delivering a £55m sales boost.
The business now expects to post a pre-tax profit of £1.08bn for the 2025/26 financial year, up from its previous estimate of £1.066bn