Next shares hit a record high in December as it roared back after the easing of Covid restrictions, but they have fallen by almost a fifth this year. Investors have been spooked by supply chain disruption, soaring inflation and the prospect a cost-of-living crisis will hit demand. But the wider focus will also be on any statement from the retail bellwether on input cost inflation and pricing. Investors and analysts will also be watching for any downgrade to this year's sales growth forecast, which it has set at 7 per cent. Next shares were at 6528p yesterday, 23 per cent down from last year's record 8484p.

Source: Daily Mail March 19, 2022 11:39 UTC