Mar 24, 2022 / 08:45AM GMT
Simon A. Wolfson - NEXT plc - CEO & Executive Director
Good morning, everybody. Welcome to NEXT's results. I think before I get into the numbers, there are really 2 big points I want to make. The first is that last year, throughout the year, we beat our expectations all the way through. And I think a lot of that came back down to the fact that the consumer was much more exuberant than we expected.
I think as much as that helped us last year, it has tempered our outlook for the year ahead. Actually, our view of the year ahead hasn't changed dramatically from where it was in January. But I think what people thought of as being a very conservative outlook that we gave in January, now looks much more realistic. We have taken out some sales and a little bit of profit for the loss of our Ukrainian and Russian business. But other than that, our central guidance for the year ahead is broadly in line with where it was in January.
So sales last year were up 11% on 2 years ago. Full price sales were up 13% on 2 years ago. In terms of how that panned out for the full year, the 47% up online and
Preliminary Q4 2021 Next PLC Earnings Call Transcript
Feb 14, 2024
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