Retail results roundup!

Interim results were announced today from: NEXT PLC, Morrison (Wm) Supermarkets PLC and John Lewis.

NEXT PLC (NXT) – sales and profits fall

NEXT PLC reported a 9.5% fall in profit before tax at: £309.4 million at half year results (to end of July). Total group sales down by 2.2%

Comments suggest modest upgrade to full year sales and profit guidance.

NEXT PLC shares lifted by 9.8% this morning to £48.52 in reaction to guidance note.

See latest NEXT PLC accounts data here.

Morrison (Wm) Supermarkets PLC

Morrison (Wm) Supermarkets PLC reported turnover up by 4.8% to £8.42 billion – a 3% rise in like-for-like for interim to end of July 2017

Reported profit before tax: up 39.9% to £200m –  2016/17 £143m

Morrison Wm Supermarkets (MRW) share price fell this morning by 5.3% at: 231.50

See accounts info’ for Morrison (Wm) Supermarkets PLC  here.

John Lewis Partnership

The John Lewis Partnership reported a fall in pre-tax profits…

See details here.