Next Week’s FTSE 100 and FTSE 250 Stock Market Outlook
Next week, there are some exciting developments to look out for in the stock market. Among those scheduled to release results are B&M European Value Retail, Ferrexpo, Hilton Food Group, Marks and Spencer, Tesco, and J Sainsbury. These reports will provide valuable insights into their performance and upcoming goals.
Greggs, in particular, is set to release its final trading statement for the 2024 financial year. With strong performance in the prior quarter, all eyes are on whether this momentum continued. Expectations are high, with markets anticipating revenue growth of over 12% for the year, surpassing the £2.0bn mark. Greggs has been focusing on key growth initiatives such as new delivery partnerships, menu upgrades, and extended evening hours, which are expected to drive further growth in the coming year. However, challenges may arise due to new tax changes in the UK budget, potentially adding significant costs.
Another company to watch is Next, which has had a successful 2024 with repeated profit upgrades. With consumer spending holding up well, especially in the retail sector, Next is expected to have captured a fair share of this spending in the lead-up to Christmas. This could lead to yet another profit upgrade announcement next week. The online channel continues to be a significant growth driver for Next, positioning them well for the future.
Stay tuned for these upcoming announcements to gain valuable insights into the financial performance and future outlook of these companies. Remember, investing is a personal decision, so if you’re unsure about an investment, seek advice before making any decisions.
