# Next keeps FY27 profit guidance at £1,255 million after overseas sales beat forecasts

> Next kept its FY27 pre-tax profit guidance at £1,255 million after third-quarter full-price sales rose 8.1%, with international online sales up 32.2%.

- Published: 2026-11-05T13:13:29+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-05/next-holds-profit-outlook-overseas-sales
- Source: [B2B Marketplace](https://www.fibre2fashion.com/news/retail-industry/uk-s-next-retains-fy27-profit-outlook-as-overseas-sales-beat-forecasts-314843-newsdetails.htm)

## Key takeaways

- Next retained FY27 pre-tax profit guidance of £1,255 million, growth of 8.4%.
- Third-quarter full-price sales rose 8.1% in the 13 weeks to October 31, 2026, £33 million above guidance.
- International online sales climbed 32.2% against a 20.5% forecast, while UK full-price sales grew 2%.
- New EU tariffs are expected to add around £5 million in net cost this year.

[Next](https://akta.pro/company-profiles/0005aoy/next) plc kept its full-year profit-before-tax guidance at £1,255 million after third-quarter full-price sales rose 8.1% year on year, the British clothing retailer said in a trading statement. [B2B Marketplace](https://www.fibre2fashion.com/news/retail-industry/uk-s-next-retains-fy27-profit-outlook-as-overseas-sales-beat-forecasts-314843-newsdetails.htm) reported the guidance was retained as overseas sales beat forecasts.

## Next's Third Quarter and the EU Tariff Cost

Next, founded in 1982 and headquartered in Enderby, runs clothing stores, online retail and the Next Finance credit operation. Total full-price sales in the 13 weeks ended October 31, 2026 came in £33 million above the company's guidance, according to [Insidermedia](https://www.insidermedia.com/news/midlands/next-still-on-track-for-1.25bn-profits-despite-slowing-uk-sales).

UK full-price sales rose 2%, in line with guidance and slower than the first half, as warm September weather weighed on demand, [The Independent](https://www.independent.co.uk/news/business/next-ons-press-association-b3079599.html) reported. UK online sales rose 4.4%, retail store sales fell 1.7%, and international online sales climbed 32.2% against a 20.5% forecast, [Fashionnetwork](https://ww.fashionnetwork.com/news/Next-outperforms-in-q3-as-international-ops-boom,1882165.html) reported.

New EU tariffs effective from July 1 and November 1 apply to online orders in the bloc when stock is imported from outside the EU. Next estimated a net cost increase of around £5 million this year after other savings, [TradingView](https://www.tradingview.com/news/urn:summary_document_report:quartr.com:3694908:0-nxt-international-growth-lifted-q3-sales-above-guidance-fy-pbt-guidance-holds-at-1-255m/) reported, and expects to mitigate the costs through operational changes and selective price increases.

## Next's Sales and Profit Targets for FY27

According to akta.pro [company records](https://akta.pro/company-data), Next's full-price sales exceeded £7 billion for the year ending January 2026, with total group sales up 10.8%, and pre-tax profit for that year was £1.158 billion, up 14.5% year on year. The same records put e-commerce at 57% of total group sales for FY2025, when total group sales were £5.99 billion.

Next expects FY27 full-price sales of £6.03 billion, up 7.3%, and total group sales of £7.54 billion, up 7.6%. Post-tax earnings per share are forecast at 820.6p, up 10.3%, and year-end net debt excluding lease debt is guided at £815 million.

## Next's Expansion Moves Before the Trading Update

In May 2026 Next appointed three independent non-executive directors, Annette Court, Jeni Mundy and Soumen Das, and promoted Matt Barnes to Group Sales and Marketing Director, according to akta.pro company records. In January 2026 Next acquired the Russell & Bromley brand, intellectual property and three stores from administration for £2.5 million plus £1.3 million for stock, the same records show.

In October 2025 Next signed a distribution deal to bring Gap products into its UK stores, extending its Total Platform third-party brand model, according to the same records.

## Next's Fourth-Quarter Forecast

Next forecasts fourth-quarter full-price sales growth of 5.8%, with UK sales up 2% and international online sales up 20.5% as comparisons become tougher.

## Companies in this story

- [Next company profile](https://akta.pro/company-profiles/0005aoy/next) · website: http://www.nextplc.co.uk

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