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Dow Jones Newswires: Next sales rise 2% as retailer backs 2020 guidance

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Next PLC said Wednesday that full-price sales for the third quarter of fiscal 2020 grew 2.0%, slightly ahead of guidance, as it backed its outlook for the full year.

The U.K. clothing and home-furnishings retailer

NXT, -0.48%

  said sales at physical stores fell 6.3% for the quarter ended Oct. 26, while online sales rose 9.7%.

FTSE 100-listed Next said full-price sales for the year to date increased 3.5%.

The company maintained its sales and profit guidance for the year to January 2020. The company continues to expect fiscal 2020 pretax profit of 725 million pounds ($932.1 million) and total full-price sales growth of 3.6%.

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