Next, GB0032089863

Next stock heads toward its November trading update

Published on 10/05/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Next stock was trading at GBp 14,175 on October 5, 2026, while the retailer prepares its November 5 trading update. First-half profit rose 10.5 percent.

Makrofoto von Baumwollgewebe und feinen Nähten eines Kleidungsstücks — Next plc (GB0032089863): Makroaufnahme von gewebter Baumwollstruktur und Nähten eines Kleidungsstücks in Detailansicht, Illustration mit AI erstellt.

Next stock (ISIN GB0032089863) was trading at GBp 14,175 on the London Stock Exchange at 3:02 p.m. BST on October 5, 2026, down 1.32 percent from the prior close. The immediate checkpoint is the company's next trading statement on November 5, 2026, listed by Next plc.

Profit growth supports the outlook

Next's latest reported period was the 26 weeks ended August 1, 2026. According to Reuters on September 17, pretax profit rose 10.5 percent to GBP 569 million, while full-price sales increased 7.7 percent.

The same report said Next lifted full-year 2026/27 pretax profit guidance by GBP 12 million to GBP 1.255 billion. Group full-price sales growth is now expected at 5.8 percent in the second half, compared with the previous forecast of 5.0 percent.

International growth offsets UK caution

The upgrade has a clear counterweight. Reuters reported that Next cut its forecast for UK second-half sales growth to 2.0 percent from 2.8 percent, citing inflation, mortgage costs and a weak employment market. International sales are expected to grow 20.5 percent, helping offset the more cautious domestic view.

Next's half-year revenue rose 9.6 percent to GBP 3.45 billion from GBP 3.14 billion, according to MarketScreener. The company also declared an interim dividend of 98 pence per share, up from 87 pence a year earlier.

Analysts keep a positive bias

The analyst picture remains constructive but not uniform. MarketScreener listed an Outperform consensus from 20 analysts and an average target price of GBP 162.59 in its September 17 overview.

That consensus sits alongside the operational split: international expansion is supporting earnings, while the UK outlook is more restrained. For investors, the November update will show whether the upgraded annual profit view is tracking the company's latest sales pattern.

Next stock trades lower on October 5

Next stock was trading at GBp 14,175 on October 5, 2026, with a market capitalization of GBP 16.2 billion and a session range of GBp 14,155 to GBp 14,450.