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/

Fashion chain Next should have seen third quarter trading and margins boosted by the colder autumnal weather, Peel Hunt reckons.

"We expect third quarter sales to have recovered well over the past seven weeks and expect to see year-to-date Brand sales back at the top end of guidance, up more than 4%, implying third quarter sales growth of 3.8%. We expect management to endorse current guidance and market expectations, although consensus is likely to drift upwards," the broker said.

i don't hold as i don't care for high street fashion retailers ..... however, it's good to see that Next is dragging itself out of its "Montague Burton" image and aiming more at the Zara market ..... as with many others, it's on-line biz is also growing strongly

if i was to buy into this sector, this would be the one for me

Why don't you gentlemen buy from Savile Row they have a good sale on which ends at midnight tonight. That is if you need any shirts, suits etc.

i wear a suit perhaps 4 times a year and shirts i generally buy from paul smith as i like the quality of thin cotton

Whats a suit ??????

Only place I can find this atm Next PLC IMS - Third Quarter to 27 October 2012

Stronger sales in late September and early October made up for the unusually quiet start to August
Narrowing our full year sales guidance to a range of +3.0% to +4.5%
Next brand sales (vat exclusive) in the third quarter were up +2.7%
Now expect group profit before tax to be in the range 590 million pounds to 620 million pounds (previously 575 million pounds to 620 million pounds).

how far they can go so sp too with sales barely growing...

High street retailer Next (LON:NXT) reassured investors by nudging up its profit forecasts today despite “volatile” third quarter trading.

Next narrowed its full-year pre-tax profits forecasts to between £590 mln and £620 mln after previously pointing to between £575 mln and £620 mln.

This comes as the FTSE 100 retailer narrowed its full-year sales growth guidance to somewhere in the region of 3% to 4.5%, with total sales in the final quarter tipped to match sales so far this year.

Next, which specialises in clothing but also sells homeware, said brand sales rose 2.7% in the third quarter to October 27, with stronger sales in late September and early October making up for the “unusually quiet start to August”.

Sales excluding VAT at its stores lifted 1.1%, while the online Directory business fared better, with 5.6% sales growth.

“Overall sales performance remains volatile, making it hard to draw conclusions from any one short period of time,” the retailer said.

Shares dipped 20 pence or 0.55% to 3,585 pence.

Next: Seymour Pierce ups target from 3,350p to 3,500p, hold rating kept; Panmure Gordon keeps hold rating and 3,770p target; Investec keeps hold rating and 3,680p target

Next: Societe Generale upgrades to hold, target upped from 3,313p to 3,544p.

New all time highs @3,668p.

Does it look a bit double toppy?

I think your right skinny, perhaps the christmas shopping season will perk them up.
Remember we are out of recession now. lol

Don't think I would be sleeping well if I bought in today.

why not? +84

No, not for me at £36.50 a share.

?????? so you did buy???? ....... even so, it's b/e, though you could quite easily have bought for ~3600 first thing this morning

Sold on the last profit warning you predicted, with those two lines of black type.
(your post no.22)

i didn't predict - i posted what the company put out via reuters!
did you make a profit?
if so what's the gripe?
could you have bought yesterday at about 3500?
indeed you could
so what's the gripe?

No I have not got a gripe, I was pleased to read what you had posted ''via reuters'', as you have corrected me on,to exit before to much of a fall. Sorry if I have come over that way, not intended. :-))