8,774.00p-70.00 (-0.79%)19 Apr 2024, 18:39
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Next PLC Shares News & Articles

Next shares hit all-time high on forecast-beating profits, Wolfson’s optimistic outlook

Record profits deliveredFY25 guidance reiteratedOverseas developments exciteShares in Next (NXT) rallied 5.4% to an all-time high of £89.66 on Thursday after the fashion and homeware retailer reported forecast-beating results for the year to January 2024 and reiterated its full year 2025 guidance.Investors? spirits were buoyed by comments from chief executive Simon Wolfson, described as a ?retail

Director Deals: Osmond tucks into Various Eateries shares while Wolfson cashes in on Next rally

Osmond makes major investmentWolfson sells more sharesNext finance director also sellsAs Michael Douglas?s character Gordon Gekko says in the film Wall Street, money never sleeps, and it seems some of the UK?s most high-profile entrepreneurs were busy dealing over the Christmas and New Year holidays.Hospitality veteran Hugh Osmond, whose CV includes floating Pizza Express and founding Punch Tavern

Markets higher despite mixed rates messaging and what to expect from retailers

As was widely anticipated the US Federal Reserve left interest rates unchanged on 13 December but accompanying commentary suggesting rates could be cut as much as 75 basis points in 2024 gave markets a big boost.Federal Reserve chair Jerome Powell said that the US central bank is 'not likely' to hike further and that it is 'very focused on not making the mistake of keeping rates too high for too l
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