Business · 5 August 2026
Next raises profit target to £1.24bn, plans £169m payout.
christopher deane via Wikimedia Commons (CC-BY-SA-2.0)
The high street chain is also upgrading its overall sales goal to £7.5bn and planning larger investor payouts. Stronger second-quarter spending from shoppers in both Britain and overseas left the business £70m ahead of its earlier forecasts. Shareholders will receive £169m in leftover cash through further stock buybacks or a special one-off dividend.
Reported by City AM · How we write briefs