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Retail GazetteBusiness & Tech 1 min read

Next hikes profit forecast for fourth time despite UK sales slowdown

Next has raised its full-year profit forecast for the fourth time this year, despite expecting growth in its UK business to lose momentum. It now expects pre-tax profit of £1.255bn for the year to January 2027, up £12m on its previous forecast and 8.4 per cent ahead of last year.

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