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Next Shares Fall on Store Weakness Despite Web Growth, Guidance

Shares of U.K. apparel chain Next Plc fell as its third-quarter retail sales missed estimates, though growth in its online business helped it to maintain its full-year profit guidance. Retail sales were down 8 percent, compared with the 6.1 percent decline projected in a consensus compiled by Bloomberg. Online sales rose 13 percent, beating estimates…

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