Jan 4, 2017
Next: numerology of unknowns
Next, in contrast and with apparent clarity, offered an earnings forecast. Next has four times revised its forecast for profits in the current financial year, which ends this month. Rivals have eroded the early online advantage Next gained from its skills in catalogue shopping. Next's greatest tragedy, as for so many of us, is maturity. Will Lord W's forecast for next year also require downward revisions, perhaps at a steeper rate than last time? We could guess there will be three of these.
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