Weak sales NextQ3 entities Holiday season is expected to reproduce

Before Next PLC panel today published in the 2017/18 fiscal year earnings in the third quarter, points out that the current sales performance is still extremely unstable, and depends on the seasonal weather, for example, August, September the weather turns cool of qiu dong outfit demand driven stimulate sales year-on-year surge, in October after the temperature rise is deteriorated sharply, right now, consumers tend to be in need of shopping, so the weather on the buying behavior of decisive role.

In the third quarter as of October 29, but not as good as some analysts as much as 4% of growth expectations, including entity retail sales fell by 7.7%, which included online and catalog channel directly to the consumer sales recorded a 13.2% growth in offset, group pointed out that with the trend of "national match", as more and more consumers shopping online, all retailers are experiencing the same shift, but an independent retail analyst Nick Bubb shocked by the fall of 7.7% thinks that the entity shop, and the channel has eight consecutive quarter of growth, unfulfilled recent three consecutive quarter of decline for the high single digits. Contains the discount sales quarterly sales edged up 0.8% on a yearly basis, far as HSBC PLC HSBC analyst expectations of 1.8%. Next PLC believe current full-price sales will back again in the fourth quarter, expected a 0.3% drop. Management to explain although outwardly outlook pessimistic, but in the third quarter compared base is very weak, thus achieved strong growth this year, but the base of the fourth quarter has been stronger.

 

PREVIOUS NEXT

recommend