Fashion and homewares retailer Next has reported a growth in third quarter sales as well as upgrading its full year forecast.

According to its latest trading update for the 13 weeks ended 25 October 2025, total sales rose +10.5% versus last year. This was +£76m ahead of its guidance for the period of +4.5%.

Sales in the UK were up +5.4% versus last year; lower than the +7.6% growth it achieved in the first half, but ahead of its guidance of +1.9%.

Overseas sales were up +38.8%; ahead of the +28.1% growth it achieved in the first half, and materially better than its guidance of +19.4%.

Retail store sales rose 2%, while online sales increased 7.8%.

“We are increasing our guidance for full price sales in the fourth quarter from +4.5% to +7.0%,” Next said. “This adds a further £36m of full price sales to our forecast.

“The increase in sales in Q3, along with our improved sales guidance for Q4, means that we are increasing our full year guidance for profit before tax by +£30m to £1,135m.”

On the UK performance, Next added: “As expected, sales growth in the UK weakened in comparison to the exceptional performance achieved in H1. As a reminder, our UK sales performance in the first half benefitted from favourable weather conditions and competitor disruption.

“Nonetheless, UK growth of +5.4% was stronger than we had expected. In hindsight, we think we underestimated the positive effect of improved stock levels this year. Last year, stock deliveries were delayed by disruption in Bangladesh and constraints in global freight capacity.”