NEXT is a UK based retailer offering exciting, beautifully designed, excellent quality

fashion and accessories for men, women and children together with a full range of

homewares# NEXT distributes through three main channels:


■NEXT Retail, a chain of more than 500 stores in the UK and Eire;
■NEXT Directory, a home shopping catalogue and website with around 3 million active customers and international websites serving approximately 50 countries; and
■NEXT International, with almost 200 mainly franchised stores around the world#
Other businesses in the NEXT group include:■NEXT Sourcing, which designs, sources and buys NEXT branded products;
■Lipsy, which designs and sells its own branded younger women's fashion products through retail, internet and wholesale channels; and
The parent company, NEXT plc, is listed on the London Stock Exchange #LSE: NXT#L# and is a member of the FTSE 100 Index# Total revenues for the year ended January 2012 were £3#5 billion with underlying pre-tax profits of £570 million# NEXT's head office is located in Enderby on the outskirts of Leicester, England

http://www.next.co.uk/

12 Sep Numis 6,750.00 Hold
12 Sep Exane BNP... 7,250.00 Neutral
12 Sep Jefferies... 8,000.00 Buy
11 Sep Credit Suisse 6,800.00 Neutral
11 Sep Investec 7,000.00 Hold
11 Sep Cantor... 7,400.00 Buy
10 Sep Espirito... 5,500.00 Sell
3 Sep Jefferies... 8,000.00 Buy
2 Sep Deutsche Bank 6,700.00

Trading Statement

RNS


RNS Number : 9237S

Next PLC

30 September 2014






Date: Embargoed until 07.00hrs, Tuesday 30 September 2014

Contacts: David Keens, Group Finance Director
NEXT PLC Tel: 0844 844 8888

Alistair Mackinnon-Musson Email:
next@rowbellpr.com
Rowbell PR Tel: 020 7717 5239



NEXT PLC
Sales Update

Later this week NEXT will be conducting its biannual investor meetings. Given the recent spell of unseasonably warm weather it is inevitable that shareholders will enquire about current trade. In order to ensure that we can have open conversations with our investors, we make the following observations:

1) Cooler weather in August resulted in several very strong weeks. However, warmer weather in the more important month of September has had the reverse effect. The overall effect is that Quarter Three sales to date are up 6%, which is lower than our previous forecast of +10%.



2) At present our profit forecast for the full year remains within our previous guidance given on 29 July and reiterated on 11 September, and our experience suggests that some lost sales are regained when the weather turns. However, if this unusually warm weather continues for the full duration of October then we are likely to lower our full year profit guidance range of £775m to £815m.

Our next Interim Management Statement will cover the thirteen weeks to 25 October and is scheduled for Wednesday 29 October 2014.

shame other companies are not as open but prefer to drop lorry-loads of manure on them without warning

30 Sep Investec 7,000.00 Hold
30 Sep Cantor... 7,400.00 Buy

Buyback level rised to £66 as far as i remember..

14 Oct Deutsche Bank 6,700.00 Hold

24 Oct Investec 7,000.00 Hold

Trading statement Wed 29 Oct

Sharecast - Numis said Next may not achieve its 10% sales guidance, possibly leading to a slight reduction in full-year profit, due to warmer weather in September.

"Nonetheless, we note that the group has restarted its share buyback and expect any trading setback to be temporary."

Interim Management Statement

Dragged into a Next Living by the "Trouble". Not exactly busy when I went. Will short if stock moves back up and then stalls.

Next: Cantor Fitzgerald reduces target price from 7400p to 7100p leaving its buy recommendation unchanged. Investec reduces target price from 7000p to 6800p staying with its hold recommendation.

Next: Citi reduces target price 7900p to 7300p and reiterates a buy recommendation. HSBC upgrades to overweight with a target price of 7350p.

Questor share tip: Sell Next as growth slows

The sales growth at Next is slowing and it is finding it difficult to justify the premium rating, says Questor

http://www.telegraph.co.uk/finance/markets/questor/11196361/Questor-share-tip-Sell-Next-as-growth-slows.html

4 Nov Beaufort... 7,775.00 Buy

5 Nov Berenberg 7,775.00 Buy

25 Nov Cantor... 7,100.00 Buy

26 Nov Canaccord... 7,500.00 Buy
26 Nov JP Morgan... 7,100.00 Neutral

Ex dividend Thurs 4 Dec 50p

2 Dec Citigroup 7,700.00 Buy