Marks and Spencer Group PLC (MKS.L)
|Market Cap (Mil.):||£7,185.16|
|Shares Outstanding (Mil.):||1,632.25|
LONDON - British retailer Marks & Spencer posted its best quarterly performance in clothing for three years, indicating its turnaround plan may finally be gaining traction after billions of pounds of investment and several false dawns.
* Clothing like-for-like sales up 0.6 pct; Food up 0.1 pct
* Shares open 2.9 pct higher after Q4 trading update Further company coverage:
* CEO says Q4 clothing sales outcome was best for 3 years
LONDON, April 10 - Britain's FTSE 100 index is seen opening 10 to 12 points higher, or as much as 0.2 percent, on Thursday, according to financial bookmakers. For more on the factors affecting European stocks, please click on
LONDON - British retailer Marks & Spencer is set to report an eleventh straight quarterly fall in clothing sales, increasing the pressure on its chief executive to explain why heavy investment has not yet delivered an anticipated turnaround.
PARIS, April 1 - Britain's Marks & Spencer plans to grow its international profits by 40 percent over the next three years by expanding its number of overseas stores by more than a half.
March 24 - Marks and Spencer said on Tuesday that two of its most experienced directors would leave the business this summer.
LONDON - Marks & Spencer , Britain's biggest clothing retailer, lost market share over the last three months, industry data showed on Thursday, reversing a small gain late last year that was heralded by its chief executive as a sign his recovery plan was working.
(In paragraph 11, corrects to clarify that Nomura is not M&S's joint house broker)
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Marks and Spencer Group PLC: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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