The call highlighted significant growth in sales driven by the inclusion of Ocado Retail and resilience in the food sector, alongside strategic investments in store and technology. However, challenges remain with the impact of a cyber incident, declines in Fashion, Home and Beauty, and international sales, and an uncertain consumer environment.

Company Guidance

In the recent Marks and Spencer analyst call, the company provided guidance on several key metrics for its fiscal year 2026. Group sales grew by 22%, primarily due to the consolidation of Ocado Retail, while M&S sales remained flat compared to the previous year. The group reported a profit before tax and adjusting items of GBP 184 million and maintained a net funds position excluding lease liabilities. The call highlighted a material impact on group operating profit by around GBP 300 million due to a significant incident, partially mitigated by a GBP 100 million insurance claim. In terms of individual business segments, food sales grew by 7.8%, while fashion, home, and beauty sales declined by 16.4% due to online operation pauses, supply chain disruptions, and reduced footfall. The company also emphasized their transformation strategy, including investments in store rotation, supply chain modernization, and technology, with plans to open more than 20 new or renewed stores in the second half. Additionally, international sales were down by 11.6%, with recovery efforts underway, and Ocado Retail saw a 14.9% sales increase. The outlook for the second half anticipates profit at least in line with the previous year, with a focus on cost reduction to offset external headwinds, including GBP 50 million from national insurance contributions and packaging tax.

Group Sales Growth

Group sales grew 22% versus last year, mainly driven by the consolidation of Ocado Retail. M&S Food sales grew 7.8% in the half.

Food Business Resilience

M&S Food achieved 3 years of consecutive monthly volume growth, outperforming the market. Sales of value ranges are up 29%.

Store Expansion and Modernization

Opened 15 new or renewed stores in the first half and plan to open more than 20 in the second half. New food distribution center announced for 2029.

Technology and Supply Chain Investments

Investments in technology and supply chain modernization, including a new Fashion, Home and Beauty planning platform and a new automated food distribution center.

Marks and Spencer (GB:MKS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:MKS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 27, 2026	2026 (Q4)	0.17 / -	0.171	―	―	―
Nov 05, 2025	2026 (Q2)	0.04 / 0.06	0.141	-54.61% (-0.08)	―	―
May 21, 2025	2025 (Q4)	0.14 / 0.17	0.111	54.05% (+0.06)	―	―
Nov 06, 2024	2025 (Q2)	0.12 / 0.14	0.12	17.50% (+0.02)	―	―
May 22, 2024	2024 (Q4)	0.11 / 0.11	0.096	15.63% (+0.01)	―	―
Nov 08, 2023	2024 (Q2)	0.10 / 0.12	0.077	55.84% (+0.04)	―	―
May 24, 2023	2023 (Q4)	0.08 / 0.10	0.092	4.35% (<+0.01)	―	―
Nov 09, 2022	2023 (Q2)	0.08 / 0.08	0.117	-34.19% (-0.04)	―	―
May 25, 2022	2022 (Q4)	0.12 / 0.09	0.018	411.11% (+0.07)	―	―
Nov 10, 2021	2022 (Q2)	0.05 / 0.12	-0.004	3025.00% (+0.12)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:MKS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	384.50p	385.00p	+0.13%
May 21, 2025	365.09p	372.14p	+1.93%
Nov 06, 2024	379.89p	394.45p	+3.83%
May 22, 2024	269.43p	283.41p	+5.19%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Marks and Spencer (GB:MKS) report earnings?

Marks and Spencer (GB:MKS) is schdueled to report earning on May 27, 2026, TBA (Confirmed).

What is Marks and Spencer (GB:MKS) earnings time?

Marks and Spencer (GB:MKS) earnings time is at May 27, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Marks and Spencer stock?

The P/E ratio of Marks and Spencer is N/A.

What is GB:MKS EPS forecast?

GB:MKS EPS forecast for the fiscal quarter 2026 (Q4) is 0.17.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing