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The latest update is out from Marks and Spencer ( (GB:MKS) ).
Marks and Spencer reported strong Christmas trading results, with total UK and ROI sales up 5.9% and international sales down 2.8%. Food sales grew by 8.7%, driven by quality and innovation, making M&S the top-performing store-based grocery retailer in volume and value. Clothing, Home & Beauty saw a modest 1.0% sales increase, with online sales notably up by 11.7%. The company remains committed to modernizing its supply chain and enhancing its digital capabilities, despite facing economic headwinds.
More about Marks and Spencer
Marks and Spencer Group PLC (M&S) is a major British multinational retailer known for its high-quality clothing, home products, and food offerings. The company has a strong market presence in the UK and the Republic of Ireland, with a focus on innovation and value in its food segment and style and quality in its clothing and home categories.
YTD Price Performance: 1.41%
Average Trading Volume: 11,444,130
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £7.73B
Find detailed analytics on MKS stock on TipRanks’ Stock Analysis page.