Marks And Spencer Share Discussion Threads

[johnwise] 31/10/2023 16:08

"Another brownie point for Marks & Spencer is the affordability of its advent calendar. Priced at just £45 (if you've spent the £35 on other items), it stands out as one of the most budget-friendly options in the market. With its impressive array of renowned brands and quality offerings, it's not just a deal; it's simply a no-brainer".

[xxxxxy] 31/10/2023 12:51

WANTED.DIVIDEND!!!

[xxxxxy] 31/10/2023 12:51

 Board plans to restore a modest annual dividend to shareholders starting with an interim dividend with the results in November... M&S

[xxxxxy] 31/10/2023 10:23

Inflation across Britain's shops has fallen to a 14-month low as supermarkets slashed the price of homegrown fruit. Price rises dropped to 5.2pc in October, the British Retail Consortium (BRC) said, down from 6.2pc a month prior. This comes as established supermarkets such as Tesco and Sainsbury's lower prices to compete with discounters Aldi and Lidl. The latest drop in shop inflation was driven by food price growth falling from 9.9pc to 8.8pc, fuelled by reductions in domestic fruit, such as strawberries, pomegranates and grapes.Fresh food inflation fell from 9.6pc to 8.3pc, hitting its lowest point since July 2022, while ambient food inflation – items stored at room temperature – slid from 10.4pc to 9.5pc, its lowest rate since October 2022.... Daily Telegraph

[debsdowner] 30/10/2023 11:34

SHEIN one of the fastest growing China retailers is to buy "MissGuieded from Frasers..



SHEIN is on the way to be one of the UK's largest fashion retailers and could disrupt the UK fashion industry.

[debsdowner] 30/10/2023 11:28

Jaeger brand been bought by MARKS was a very good move they are now elevaing the brand to far more stores which is evidence of it's success

[johnwise] 29/10/2023 05:36

Marks & Spencer set to sell Jaeger in 20 more UK stores


Within months of buying Jaeger two years ago, M&S began selling other third-party brands through its website and in stores. M&S now sells 60 third-party fashion brands including White Stuff and FatFace.

Stuart Machin and Katie Bickerstaffe have ramped up this approach since becoming joint chief executives last year.

[xxxxxy] 28/10/2023 17:12

Asos in talks to offload Topshop to US retail powerhouseIconic fashion brand could return to high streets if deal succeeds with owner of Ted Baker and Forever 21ByLuke Barr... Daily Telegraph

[philanderer] 27/10/2023 16:46

Barclays raises Marks & Spencer price target to 275 (270) pence - 'overweight'

[xxxxxy] 27/10/2023 09:12

Basil Smooth1 HR AGOAt last it appears that the penny has dropped - the majority of people don't want to have "woke" nonsense shoved down their throats. Companies should give due regard to ESG but without putting it dead centre in company strategy and purpose. Serve the customers well and make returns for the shareholders - it's not difficult to grasp...Daily Telegraph

[bigbigdave] 26/10/2023 11:57

Half year results 8th November

[johnwise] 26/10/2023 05:54

Undervalued – even after a 70% share price surge

Marks & Spencer Group MKS

shares have surpassed even the retail sector’s impressive year-to-date performance. They have risen by over 70% in the current calendar year following upbeat results that prompted a material improvement in investor sentiment.

In its latest trading update, the firm reported continued market share growth across its operations. This means it is becoming increasingly well placed to capitalise on improving operating conditions in the retail sector.

Already, its financial performance is gaining momentum. Like-for-like food sales in the first 19 weeks of its current financial year increased by 11%, while clothing and home sales grew by 6% on a like-for-like basis over the same period. This was in spite of the company reporting “robust” profit margins, with guidance for the full year subsequently raised.

Crucially, the firm’s financial position shows that it can continue to overcome a tough operating environment. Its net interest cover amounted to 13 in its 2023 financial year. This figure is likely to grow over the coming years as profitability improves. And with a net promoter score (a market research tool measuring how likely someone would recommend the store) that increased from 29 to 36 over the past year, the firm is making encouraging progress in convincing shoppers that it is attractive relative to sector rivals.

Although the company’s turnaround has taken many years to come to fruition, a focus on efficiency, e-commerce and improved product quality is starting to have a marked impact on its top and bottom lines.

And even after a strong performance over recent months, Marks and Spencer’s shares continue to offer a wide margin of safety to new investors. They currently trade on a forward price/earnings (PE) ratio of around 11.6, which is attractive compared with other retail stocks. Therefore, they remain a worthwhile investment opportunity on a long-term view.

[philanderer] 25/10/2023 19:18

Pour Moi lingerie joins Brands at M&S line-up

[darrin1471] 25/10/2023 15:41

MKS 12 month upward trading channel appears to of run out of steam. 100ma needs to hold.

[johnwise] 25/10/2023 10:06

Marks & Spencer adds Pour Moi to ‘Brands at M&S’ fashion portfolio



Pour Moi

[darrin1471] 23/10/2023 13:35

M&S closures story is only clickbait. If you read it the only store closing before the end of the year is Wrexham where they are opening a foodhall the next day as a replacement.

[pierre oreilly] 23/10/2023 10:08

but closing stores isn't the full story, is it.

They are closing 67 full range stores, and opening 104 food hall stores.

Brilliant - exactly what i have been saying would be a great strategic move on my rare posts on here.

Obviously their very sophisticated software will indicate which are the best shops to close, which to convert, and where to open completely new food stores, which closed stores to sell and which to rent out.

The m&s food only store in Crawley is very impressive - better and cheaper than Waitrose who I suspect they're pitching up against. Although priced higher than tescos etc, my view is the best value due to much better quality of everything, is with m&s.

Complements their online delivery business very well. Thumbs up from me.

[qantas] 23/10/2023 07:52

Marks and Spencer to close more stores before Christmas - full list of closures in 2023




Please do your own research as always

[philanderer] 20/10/2023 13:56

'Concern' for retailers ahead of Christmas as sales and shopper confidence fall


A lack of demand for winter clothing during the warm September contributes to a dire month for fashion retailers as a report warns the cost of living crisis is set to keep spending in check

[debsdowner] 20/10/2023 11:43

Warm weather hit shop sales last month..



The warm and damp weather continuing in October yesterday unusually warm for October. However Black Friday the most important date in the retail calender end of next month.

[debsdowner] 18/10/2023 10:53

NEXT is one of MKS nearest competitors but NEXT doesn't have a food offering..



As for ASOS and BooHoo they are both struggling at the moment.

[bigbigdave] 18/10/2023 07:57

SOS reporting MKS sales going well

[philanderer] 16/10/2023 14:48

M&S to recruit 10,000 temporary workers for Christmas season

The retailer said the temporary workers will be starting from 19 November

The festive hiring spree will see M&S take on 40% more temps than last year