Next sales better than expected

Wednesday 6th May 2009, 11:11AM BST.

Next sales better than expectedHigh street clothing retailer Next has bucked trends to post better than expected sales for the last quarter.

Like-for-like sales for the 14-week period ending May 2nd were down 2.3 per cent, “better than we had anticipated” in Next’s words, with the firm expecting a fall of between six and nine per cent.

But the group warned the sales were “flattered” by a late Easter, much warmer weather than this time last year and fewer people travelling overseas.

“Generally, we are happy with the positioning and composition of our ranges. Stock levels are in line with our expectations and below last year’s levels,” a statement added.

“As a result of the better than expected sales to date we have added £15 million to our internal profit forecasts. However, these improvements could yet be offset by the effects of pandemic flu, although at this stage it is hard to predict the impact on consumer behaviour.”



Free e-Supplements

TWITTER

Shropshire Star on Twitter Shropshire Star on Twitter

Keep updated with the latest breaking news and content on our Twitter feed.

Lifestyle

Interactive Dining Out map Interactive Dining Out map

Hundreds of reviews by the Shropshire Star and Express & Star's teams to help you decide where to eat.

Entertainment

All the film reviews All the film reviews

Before you plan a trip to the pictures, get our critics' verdicts on all the latest movie releases.

OUR NEW APP

Get the new Shropshire Star app Get the new Shropshire Star app

Download the Shropshire Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.