Earnings release
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Date : Contacts : Embargoed until 07.00hrs , Wednesday 3 November 2021 Amanda James , Group Finance Director ( analyst calls ) NEXT PLC Photographs : https://www.nextplc.co.uk/media/image-gallery/campaign-images ● Alistair Mackinnon - Musson Rowbell PR ● Unless otherwise stated , all sales comparisons in this Trading Statement are given relative to two years ago ( 2019/20 ) . Comparisons with last year are distorted because for much of the year , our stores were closed . ● HEADLINES Full price sales in the thirteen weeks to 30 October were up + 17.0 % versus two years ago . Full price sales in the last five weeks , since the update given in our Half Year Results issued in September , were up + 14.0 % . This is better than our forecast of + 10 % . We are maintaining our Q4 full price sales guidance at + 10 % and full year profit before tax at £ 800m . next PLC Trading Statement - 3 November 2021 Tel : 0333 777 8888 Email : next@rowbellpr.com Tel : 020 7717 5239 FULL PRICE SALES PERFORMANCE BY BUSINESS The table below sets out the performance in the quarter and for the year to date for our Online , Retail and Finance businesses . Online sales are broken down into ( 1 ) NEXT branded stock sold in the UK , ( 2 ) LABEL third - party brands sold in the UK and ( 3 ) sales Overseas . LABEL sales have been particularly strong in the third quarter . Full price sales ( VAT exclusive ) versus 2019/20 Online NEXT UK Online LABEL UK Online Overseas Total Online Retail ( UK and Ireland ) Total Product full price sales Finance interest income Total full price sales including interest income Total full price sales including interest income versus 2020/21 Q3 to 30 October + 21 % + 86 % + 41 % + 40.0 % - 6.1 % + 18.7 % - 5.0 % + 17.0 % + 12.7 % Year to 30 October + 37 % + 73 % + 55 % + 49.5 % - 28.8 % + 12.8 % - 8.9 % + 11.2 % + 39.1 % For completeness , the last row of the table shows our sales performance compared to last year ( 2020/21 ) . 1