Posts in LSE:NXT

Shares with an income bent

Shares with an income bent

We explain the importance of dividends for income investors, and dissect our Dogs of the Footsie and our dividend growth strategies.

Neil Woodford Buys More British American Tobacco Plc, NEXT plc And G4S plc, And Sells Reckitt Benckiser Group Plc

WOODFORDMaster investor Neil Woodford has been busy putting his clients' money to work since the launch of his new CF Woodford Equity Income Fund in June.

Edmond Jackson's Stockwatch: Is this cyclical trying to tell us something?

Edmond Jackson's Stockwatch: Is this cyclical trying to tell us something?

Our stockpicker considers how a warning from this management consulting group affirms fears over global growth.

NEXT plc Blames It On The Sunshine

Having delivered great results for years, UK retailer Next (LSE:NXT) has built up a very loyal following who will probably give the company a pass for blaming slower sales on the weather. No wonder the shares still look expensive...

Has Next overheated?

Has Next overheated?

Are investors wise to give up exposure to Next's enviable record of rapid and reliable earnings growth?

FTSE mildly lower as financials, retailers, miners weigh

FTSE indices were mildly down midday with financial, retail and mining issues the ballast. A profit warning from Next (NXT) saw it lead the blue-chip fallers lower, while Royal Bank of Scotland (RBS) gained on reduced 'bad loan' estimates.

Near noon, the FTSE 100 was down 10.54 points, or 0.16%, to 6636.06, while the FTSE 250 was down 19.68 points, or 0.13%, to 15,370.4.

Should You Buy NEXT plc After Today’s Profit Warning?

NextNEXT (LSE:NXT) has been a great retail success story of the past 30 years. The fashion and home furnishings chain has continued to motor, even while some of the mightiest retailers -- I'm thinking of Tesco -- have stalled.

However, following an unscheduled trading update this morning, NEXT's shares have opened at 6,555p -- 5% down on last night's closing price of 6,865p.

FTSE opens mixed with Next, RBS in focus

FTSE indices opened mixed with financial, resources and retail stocks weighing on the blue-chip. Wall St and Asian markets were down overnight, the latter dented by on-going protests in Hong Kong.

Shortly after the open, the FTSE 100 was down 5.73 points, or 0.09%, to 6640.87, while the FTSE 250 was up 6.83 points, or 0.04%, to 15,396.9.

Next (NXT) led the blue chips and retailers lower. It said the overall effect of cooler weather in August and warmer weather in September was that Q3 sales to date were up 6%. This was below its previous forecast of +10%.

Next says Q3 sales to date up a below forecast 6%

Next Plc said the cooler weather in August resulted in several very strong weeks. However, warmer weather in the more important month of September has had the reverse effect. The overall effect is that Q3 sales to date are up 6%, which is lower than its previous forecast of +10%.

At present our profit forecast for the full year remains within its previous guidance given on 29 July and reiterated on 11 September, and the retailer's experience suggests that some lost sales are regained when the weather turns.

Even After Falling 63%, I’d Still Back Next plc And Sports Direct International Plc Over ASOS plc

ASOS

2014 has been nothing short of horrific for investors in ASOS (LSE:ASC). That's because shares in the online fashion retailer have fallen by a whopping 63% since the turn of the year and show little sign of recovering anytime soon.