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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Next upgrades profit forecast again as cool weather helps sales

Garments on coat hangers in a Next store in London
Next has achieved strong growth online, helped by the ability to pick up and drop off items for free at its physical stores. Photograph: May James/Reuters

Next has upgraded annual profit expectations for the fourth time in five months after the arrival of cooler weather in late October helped bolster sales.

The retailer said it now expected to make £10m more profit than previously forecast, taking its full-year target to £885m, after full-price sales rose by 4% in the three months to the end of October – double the pace of growth anticipated.

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