Marks And Spencer Share Discussion Threads

[debsdowner] 08/4/2023 12:27

Good Fridaay footfall beat expectations but still below pre pandemic levels in 2019



Footfall unlikely to return as most people buy online now particularly for fashion and there aren't the outlets/shops anymore due to closures.

[eeza] 07/4/2023 11:36

Inverted H&S on the chart?

[debsdowner] 06/4/2023 10:34

Footfall fell 2.8% in March as shoppers reigned in their spending

[xxxxxy] 06/4/2023 07:45

Dividend. Have I missed something.

[philanderer] 06/4/2023 00:32

March delivers ‘sharp shock’ to retailers amid consumer cost-of-living woes

[xxxxxy] 05/4/2023 08:41

Short of energy, low on water, now the EU is in danger of running out of foodThe EU27 have lost over one-third of their farms in just 15 years?Montage © Facts4EU.Org 2023Facts4EU.Org analyses the latest statistics from the EU and asks why the NFU loves BrusselsUnreported by the BBC, on Monday (03 Apr 2023) the EU released its latest data on farming – and the figures are alarming. There has been a massive decrease in the number of farms in the EU in the last 15 years, plunging by more than one-third.In this report Facts4EU.Org reveals the serious decline in farming in the EU compared to the United Kingdom, and questions why the UK farming lobby represented by the National Farmers Union (NFU) still believes we are better off rejoining the European Union's empire.... Facts4eu

[debsdowner] 04/4/2023 11:56

Morrisons workers morale "super low" as they get the gov pay rise which ia about £1 hour lower than many rival supermarkets..

[debsdowner] 04/4/2023 11:48

Marks good growth but according to these figures still lagging inflation

"Elsewhere, Marks & Spencer showed strong 11.9% growth, while Iceland was up 9.5%, Co-op up 7.1% and Waitrose gained a more modest 2.2%."

Waitrose (John Lewis) looking concerning no wonder Sharon White concerned and looking for a cash injection by selling a percentage of the company.

[johnwise] 04/4/2023 09:39

UK supermarket sales growth continues to lag inflation

UK supermarkets posted double-digit growth in March, but sales growth continues to lag food price inflation, according to new grocery market share figures.

Elsewhere, Marks & Spencer showed strong 11.9% growth,

[blackhorse23] 03/4/2023 14:50

Sold it & Bought GNC , better value

[philanderer] 03/4/2023 10:44

Barclays raises Marks & Spencer price target to 200 (165) pence - 'overweight'

[debsdowner] 02/4/2023 19:54

MARKS slams looming job cuts as outlned in the Times as innacurate



It hasn't takeen long for MARKS to respond to the Sunday Times report having seen it's share price hit a years high last Friday.

[debsdowner] 02/4/2023 17:54

Marks eying more job cuts including it's head office when lease expires. I suepect despite sales rise margins could be under pressure due to inflation and Marks not immune to this..



John Lewis CEO says they must reform at pace this comes after the Chairwoman was considering selling a stake in the company to seek rapid growth over it's debt concerns as well.

It looks like if the partnership doesn't take action quickly they could sink under their debt.

[philanderer] 02/4/2023 00:25

M&S's Archie Norman: I'm on mission for investors - chairman wants digital AGMs and closer shareholder ties


.......Last night, Marks & Spencer denied speculation it is planning hundreds of head office job cuts. A spokesman said that the figure is 'simply inaccurate'.

[debsdowner] 01/4/2023 09:47

M&S launches it's "timeless brand" as shoppers return to MARKS and it wins best supermarket of the year



MARKS is in full gear winning back customerss who have gone elsewherhere and attractive new customers with it's new brands and value ranges which will last.

Little wonder MARKS has been given numerous upgrades it would not surprise me if MARKS return to paying dividends again and if so the share price gets upgrades in excess of £2.

[darrin1471] 31/3/2023 12:51

M&S is expanding its frozen garlic bread food waste initiative to an additional 125 stores next month.
Unsold baguettes and boules are prepared and filled with garlic butter, and then sold as frozen garlic bread from £1, with an extended shelf life of 30 days.
The initiative is currently operating in 253 M&S stores and launched in 2020 following a successful trial. Since then, the retailer has sold 2.1m of the re-purposed loaves.


Win win for everyone.

[debsdowner] 31/3/2023 12:17

Morrisons returned to sales growth in first quarter helped and is targeting £700 million of cost savimngs in 3 years time



McColls will assist Morriaons in returning to profit they need cost cuts otherwise they risk debts to overwhelm the company.

[darrin1471] 30/3/2023 11:15

Almost.
MKS inter day high Feb 3rd 166.7
12 month inter day high 168.7

[debsdowner] 30/3/2023 11:01

Retail having a good day ahead of market in general and MARKS breaks out on the upside and new 6 months high.

On other news Primarks to give workers a pay rise of 12% which will place more pressure on other retailers to give double digit pay rises and add to inflation

[debsdowner] 29/3/2023 17:01

ASDA profits plunge 24% retail gazette only gives EBITDA which is a shame

[darrin1471] 29/3/2023 10:33

Not currently holding NEXT but their results were slightly better and their outlook was unchanged so this mornings fall looks harsh.
I think NEXT has a significant opportunity to grow with their acquired brands in the UK and the emerging wholesale opportunities internationally.
I would be a buyer on any significant weakness.

MKS rise appears to of run out of momentum ahead of preliminary results 24/05. Currently overweight MKS so may reduce to a core holding and try and trade a few.

[debsdowner] 29/3/2023 10:22

NEXT price rises and BBC article

[debsdowner] 29/3/2023 09:57

NEXT Proactive article:

"Shares in Next tumbled 5.6% despite better than expected annual pre-tax profit.

The retailer delivered full year profit ahead of guidance boosted by higher margin retail sales and a better end of season sale.

Pre-tax profit for the year to January 31 of £870mln, was 5.7% higher than the previous year, 16.3% higher against 2019/20, and £10mln higher than the previous guidance of £860mln.

The Leicester-based firm said the number was boosted by higher margin retail sales and a better than expected clearance rates in the end-of-season sale. Both added £5mln to profit.

Next maintained its guidance for the current financial year for both sales and profit. It expects full price sales to be down 1.5% versus last year and profit before tax to be £795mln.

Josh Warner, Financial Markets Analyst at City Index said: "An 8% jump in sales and record profits should win Next some applause considering how challenging the environment is for retailers."

"However, Next has warned full price sales will fall this year and profits are set to drop 7.6% to £795 million. That suggests both growth and profits have peaked."

Next also expects selling price inflation to be more benign than previously thought. Like-for-like price inflation in Spring/Summer is expected to be +7% and, in Autumn/Winter, +3% (previously +8% and +6% respectively)."