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/

Lovely rise.

Ex divi 5 Oct 45p payment 1 Nov

11:30 11/10/2017
Broker Forecast - Morgan Stanley issues a broker note on Next PLC
Morgan Stanley today downgrades its investment rating on Next PLC (LON:NXT) to underweight (from equal weight) and set its price target at 4300p. Story provided by StockMarketWire.com

24 Oct
Deutsche Bank
4,400.00
Hold
24 Oct
JP Morgan...
4,830.00
Neutral

Next continued to sustain declines in full price sales from its shops in the third quarter but thanks to strong online and catalogue growth the clothing retailer marched on towards its full year targets. Full price sales in the third quarter were up 1.3% on last year and sales in the nine months of the year to 29 October are down 0.3%.

Down nearly 8% on that news so far!

2 Nov
Barclays...
N/A
Underweight
2 Nov
Deutsche Bank
4,400.00
Hold
2 Nov
JP Morgan...
4,830.00
Neutral
1 Nov
Shore Capital
N/A
Hold
1 Nov
Peel Hunt
5,000.00
Hold

Director Deals - Next PLC (NXT)
BFN
Michael Roney, Non Executive Director, bought 5,018 shares in the company on the 9th November 2017 at a price of 4313.55p. The Director now holds 24,079 shares.
NOTE: Average price over 2 transactions.
Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com

21 Nov
Deutsche Bank
4,400.00
Hold
21 Nov
Credit Suisse
4,200.00
Underperform

5 Dec
Peel Hunt
5,000.00
Hold

Wednesday January 3:
Trading update: Next Plc (LON:NXT)

Proactive investor - Clothing stores blue chip Next Plc (LON:NXT), as is traditional, will be first out of the blocks on Wednesday, with the story expected to be a familiar one as its high street shops struggle and Directory (its catalogue and online offering), picks up the slack.
The latest news that footfall on the high street for the Boxing Day sales was lacklustre won’t make pleasant reading for investors in Next and other retailers.
However, this update covers the weeks leading up to Christmas and there are some hopes that trading could have been better, especially given the more seasonal weather pattern.
However, Next’s last trading update wasn’t very encouraging as the group reported sales falling by 7.7% partly due to the pressures faced by the consumer and online competition and this will no doubt show up in the full year sales figures.

2 Jan
Jefferies...
5,200.00
Hold

2 Jan
Whitman Howard
3,700.00
Sell

2 Jan
Deutsche Bank
4,500.00
Hold

I can see Next in the 30's.

in that case, i trust you have taken this latest surge following the figures, to go heavily short

Beaufort Securities Sell 4,916.00 - - Downgrades

No, never shorted .

3 Jan
RBC Capital...
4,500.00
Sector Performer
3 Jan
Peel Hunt
5,000.00
Hold
3 Jan
Beaufort...
N/A
Sell
2 Jan
Jefferies...
5,200.00
Hold
2 Jan
Whitman Howard
3,700.00
Sell
2 Jan
Deutsche Bank
4,500.00
Hold

4 Jan
Numis
5,100.00
Hold
4 Jan
JP Morgan...
4,830.00
Neutral
4 Jan

Deutsche Bank
4,500.00
Hold

4 Jan
Goldman Sachs
4,240.00
Sell

Transaction in Own Shares
RNS
RNS Number : 9352B
Next PLC
15 January 2018


Next plc

For immediate release

15 January 2018

Transaction in Own Shares

Next plc announces that it has today purchased on market 9,000 of its ordinary shares of 10p each (the "Shares"), all for cancellation, at a price of 4999.9894p pence per Share.

The highest price paid per Share was 5010p and the lowest price paid per Share was 4991p.

These purchases were made through the Company's broker UBS Limited.

Following the purchase, the Company's registered share capital consists of 145,601,213 Shares. This figure may be used by shareholders to determine if they are required to notify their interest, or a change to their interest, in Next plc under the FCA's Disclosure and Transparency Rules.

All of the Shares have equal voting rights and there are no shares held in Treasury.

Sharecast -Next gets a boost as RBC upgrades to 'outperform'

Retailer Next got a boost on Thursday as RBC Capital Markets upped its stance on the stock to ’outperform’ from ‘sector perform’ and hiked the price target to 5,500p from 4,800p.
The bank said its proprietary entry price point pricing survey suggests Next has become more price competitive, in particular versus the likes of competitors M&S and Debenhams.
It pointed out that Next now ranks slightly below sector average in its entry level apparel pricing. For Spring/Summer 2018, Next has lowered its prices in both womenswear and menswear and broadly maintained its prices in kidswear, in which it is the market leader.
“Historically, Next’s LFL sales performance has had a good correlation to its relative pricing proposition to M&S. Given that Next is now less expensive than the market, this should be supportive for stronger sales growth, particularly for Directory.”
In addition, RBC reckoned that recent strength in the pound against the dollar could lift Next’s gross margin earlier than peers.
“Next typically hedges 9-12 months out in advance, shorter than M&S and Debenhams, who hedge 12-18 months out in advance; as such Next should realise its margin benefit a quarter earlier,” said RBC, noting that Next sources around 70% of its cost of goods sold in US dollars.
“All else being equal, we estimate Next could see a theoretical 130-300 basis points of gross margin tailwind from FX for FY19/20E. We believe some of this margin gain will be offset by higher cotton costs, mix dilution, as well as the need to invest in its product and online propositions, but we now believe Next can sustain its margins rather than seeing a decline.”
At 1350 GMT, the shares were up 1.8% to 5,002p