LONDON, Nov 1 (Reuters) - British clothing retailer Next said on Wednesday its sales improved in the latest quarter, though trading was “extremely volatile” and highly dependent on the weather.
Next said total full-price sales rose 1.3 percent in the 13 weeks to Oct. 29, its fiscal third quarter, below some analysts’ expectations of a rise of up to 4 percent.
They had increased 0.7 percent in the second quarter.
Next forecast full-price sales for the full 2017-18 year would come in between 1.75 percent down and 1.25 percent higher.
It had forecast a range of down 2.0 percent to up 1.5 percent in September.
Next said the mid-point of its pretax profit guidance was maintained at 717 million pounds ($952.3 million). ($1 = 0.7529 pounds) (Reporting by James Davey; editing by Kate Holton)