In the UK, full-price sales increased 5.4 per cent YoY, lower than the 7.6 per cent growth recorded in the first half but well above the guidance of 1.9 per cent. Internationally, sales surged 38.8 per cent, outperforming both the 28.1 per cent growth in H1 and the forecast of 19.4 per cent, Next said in a press release.
UK’s Next plc has reported strong results for the thirteen weeks ending October 25, 2025, with full-price sales up 10.5 per cent YoY, exceeding guidance and adding £76 million (~$100.32 million) in revenue.
Overseas sales soared 38.8 per cent, and UK sales rose 5.4 per cent.
Next lifted its full-year profit forecast to £1.13 billion (~$1.49 billion) and total sales to £6.87 billion (~$9.07 billion).
Next has raised its Q4 full-price sales guidance from 4.5 per cent to 7 per cent, equivalent to an additional £36 million in expected sales. Consequently, the company upgraded its full-year profit before tax forecast by £30 million to £1.13 billion (~$1.49 billion), while full-year full-price sales are now projected at £5.55 billion, up 9.7 per cent YoY.
Total group sales, including markdown and investment income, are forecast to reach £6.87 billion (~$9.07 billion), with post-tax earnings per share expected at 729.4 pence, up 14.6 per cent. The company also anticipates generating around £425 million in surplus cash, with potential for a special dividend of approximately £3.1 per share in January 2026, should no acquisitions or further share buybacks occur.
Division-wise, UK Online (Next Brand) sales rose 4.2 per cent in the quarter and 5.8 per cent year to date, while UK Online (Label) surged 13 per cent in Q3 and 12.7 per cent year to date. Retail stores recorded modest but steady growth of 2 per cent in Q3 and 4.3 per cent year to date.
Online international sales soared 38.8 per cent in Q3 and 31.5 per cent for the year to date, underscoring Next’s expanding global footprint. Overall, total product full-price sales climbed 11.2 per cent in Q3 and 11.5 per cent year to date.
Next attributed its performance to improved stock flow compared to last year, when freight constraints and delays in Bangladesh affected deliveries. The company also benefitted from integrating warehousing operations in Europe with Zalando’s logistics arm (ZEOS), enhancing stock availability on aggregator platforms, added the release.
Additionally, digital marketing spends rose 50 per cent, exceeding initial guidance, as strong returns encouraged higher investment in profitable customer acquisition.
Looking ahead, Next expects UK sales growth to ease to 4.1 per cent in Q4, while overseas growth moderates to 24 per cent due to last year’s high base. Despite this, full-year figures remain on a strong trajectory.
Fibre2Fashion News Desk (SG)
