Next: Iran War Costs Retailer £15m and Could Push up Prices
9 Articles
9 Articles
Middle East will push up prices, warn retail chiefs
UK High Street giants have warned that the war in the Middle East will push up prices, writes Emily Hawkins. Next boss Wolfson said the conflict is “likely to have knock-on effects on costs, selling prices and consumer demand” outside of the region. Should the conflict persist, the fashion retailer could raise its prices by between 4pc and 10pc from September, Wolfson admitted. And he is expecting prices to begin to rise by between 1pc and 2pc f…
Next posts stellar year—but warns Middle East conflict could push up prices - InternetRetailing
Next’s full-year results for the year ending January 2026 confirm that the UK’s largest fashion retailer enjoyed an outstanding year. Next Group’s profit before tax rose 14.5% to £1,158 million. Full price sales increased by 10.9%, and total Group sales, including subsidiaries, were up 10.8%. Earnings Per Share (EPS) grew by 17.0%. The company returned £421 million, or £3.60 per share, to shareholders through a B Share Scheme. This represented 3…
Next sales and profits increase in full-year results
Next has reported group sales hit £7bn in its full-year results for the year ending 31 January 2026, up 10.8% year-on-year. The clothing, footwear and home products retailer’s profit before tax rose by 14.5% to £1.16bn, while the company’s profit after tax climbed by 14.3% to £870m. Post-tax earnings per share stood at 744.2p, 17.0% higher than the year before. The group attributed its results to enhancing and widening its product offering withi…
Sales and profit grow at Next
Fashion and homewares retailer Next has reported a growth in sales and profit. According to its full year trading update ended January 2026, total sales rose 10.8% to £7bn from £6.3bn in 2025. Retail store sales rose 2.4% to £1.8bn, with online sales up 10.2% to £2.8bn. Total UK sales rose 6.9% to £4.6bn. International online sales rose 39.5% to £1.2bn. Pre-tax profit resulted at £1.1bn, up 14.5% from £1bn the previous year. This is +£8m higher …
Next posts another bumper year as profits jump 14.5% to £1.16bn
Next shares rose on Thursday after the retailer once again defied the gloom surrounding the UK economy, with international sales growth matching the UK on a cash basis. Next reported another strong year with group pre-tax profits of £1.158bn, up 14.5%, while earnings per share surged 17%, beating its own guidance by £8m thanks to […] The post Next posts another bumper year as profits jump 14.5% to £1.16bn appeared first on UK Investor Magazine.
Time to buy, after Next shares are lifted by storming FY results?
The Next (LSE: NXT) share price has been falling back, partly hit by the Middle East conflict and rising oil prices. But it had been slipping anyway, down 18% from November’s 52-week high by close on Wednesday (25 March). But full-year results highlight what chairman Michael Roney describes as “a very good year for Next.” For the year ended January 2026, profit before tax rose 14.5% to reach £1,158m. And earnings per share (EPS), after tax, jum…
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