Next's strong Christmas boosts hopes for UK retail sector [Reuters]
WM MORRISON UNSP/ADR (MRWSY)
NASDAQ:AMEX Investor Relations:
morrisons-corporate.com/investor-centre
Company Research
Source: Reuters
Next's strong Christmas boosts hopes for UK retail sector LONDON (Reuters) - British clothing retailer Next ( NXT.L ) raised its full-year profit forecast after a better-than-expected Christmas performance, fueling hopes the wider sector may have enjoyed solid festive trading and see a pick up in fortunes in 2020. The first major stock market-listed retailer to update on Christmas trading also forecast sales and profit growth for its 2020-21 financial year, which begins in late January. Chief Executive Simon Wolfson said the fundamentals of the UK economy remained sound, with wages growing faster than inflation and employment still increasing. However, he cautioned that the trend of the last two years of a shift to spending on leisure and entertainment at the expense of items such as clothing was set to continue. “We’re not expecting any sort of significant swing into the clothing economy but the general consumer economy we don’t think is in bad shape,” Wolfson told Reuters on Frida
Show less
Read more
Impact Snapshot
Event Time:
MRWSY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MRWSY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MRWSY alerts
High impacting WM MORRISON UNSP/ADR news events
Weekly update
A roundup of the hottest topics