Consensus

£m FY26 FY27 FY28
Total sales 12,729 12,986 13,444
Min / Max 12,466 / 13,233 12,713 / 13,571 13,021 / 14,014
Total sales growth (%) 11.1% 2.0% 3.5%
Min / Max 8.8% / 15.5% 0.5% / 3.9% 1.6% / 5.3%
LFL sales growth (%) -2.1% -0.7% 1.3%
Min / Max -2.5% / -2.0% -2.0% / 0.5% -0.1% / 2.8%
Profit before tax and adjusting items 850 832 889
Min / Max 844 / 856 771 / 867 779 / 998
Adjusted basic EPS (p) 11.39 11.40 12.52
Min / Max 10.63 / 11.93 10.55 / 12.54 11.09 / 14.37
Dividend per share (p) 1.01 1.07 1.20
Min / Max 0.89 / 1.10 0.90 / 1.21 0.90 / 1.50
Free cash flow 360 432 488
Min / Max 132 / 468 135 / 542 147 / 623
Notes As of 28 April 2026
17 of 18 analysts included
(consensus estimates exclude stale forecasts from Kepler Cheuvreux)