Explained in plain English
What is a profit target?
Next has raised its profit target to £1.24bn. This is an internal goal set by a company for its expected earnings over a specific period. Reaching or exceeding these targets is crucial for investor confidence and can influence share prices. It reflects the company's financial health and future outlook.
Stories that explain this
Next raises profit target to £1.24bn, plans £169m payout.This explainer came from a news story
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