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Third quarter update is very important for Next
Clothing and homeware colossus Next’s (NXT) third quarter update on 1 November will be pored over by analysts and investors for guidance on how improved ranges are performing.
Chief executive Simon Wolfson’s consumer outlook commentary will also be closely watched.
Alongside half year results (14 Sep), Next upgraded full-year profit guidance following a decent start to the third quarter and the absence of any further deterioration in the consumer environment. The company also restarted its share buyback.