Marks And Spencer Share Discussion Threads

[havinthelasttoast] 03/1/2024 16:35

Marks and Spencer’s traffic tanked in December. Online sales make up circa a quarter só whilst not definitive I’d suggest the share is being talked up for the profit takers currently exiting.

I’ve a small speculative short taken today against the consensus. Best of luck whatever way you are playing.

[philanderer] 03/1/2024 15:43

It's often 'sell on the news' . We shall see.

[debsdowner] 03/1/2024 15:38

Makinbucks,

I predicted £3 by the time the sales figures came out so no.

Ian King on the business news mentioned Marks today and was talking to Interactive she mentioned a fund manager having MKS as 2024 buy.

All are awaiting sales figures now but good to see MKS in the blue on a red day.

[evianone] 03/1/2024 13:53

I would say no :-)) Cant wait for Christmas trading details on the 11/1/24

[makinbuks] 03/1/2024 11:45

Is £2.80 becoming a bit of a glass ceiling?

[debsdowner] 03/1/2024 11:27

Sainsburys expected to have grown well over Christmas....



MKS continues their rise the markets expects MKS to have done well over Christmas when they reveal their sales.

[blackhorse23] 03/1/2024 11:08

Moving some money to GNC

[bigbigdave] 03/1/2024 08:48

Just keeps on rising, expecting a bumper trading statement next week

[philanderer] 03/1/2024 00:00

Marks & Spencer crowned ‘Christmas winner’ by investors

Retailer’s shares hit five-year high as turnaround efforts pay off


2 January 2024 • 6:23pm

Marks & Spencer shares hit a five-year high as investors predict the high street stalwart will be crowned the best-performing retailer over the Christmas period..

[debsdowner] 02/1/2024 14:17

Good start to New Year while markets turn red.

ALDI and LIDL have their best Christmas 8% and 12% for Lidl

[philanderer] 02/1/2024 11:38

Marks and Spencer teams up with nutrition firm Zoe to sell a gut-boosting milk drink



ga_XE0XLFFF16*MTcwNDE0ODczOC4zLjAuMTcwNDE0ODczOC4wLjAuMA..

[ayl30] 02/1/2024 08:14

Happy New Year to all MKS followers, solid start so far

[pj84] 01/1/2024 12:21

Daniel Woolfson, consumer goods reporter: Marks & Spencer

After spending much of the last decade in the doldrums, M&S is back.

Under boss Stuart Machin, a former shelf-stacker himself, the chain has won back the adoration of the British middle classes by focusing on upmarket food halls, investing in better prices and modernising its once-mocked clothing ranges.

Thanks to its distinctly posh positioning and lack of third party brands, M&S is arguably less vulnerable to the challenge from Aldi and Lidl.

And while there are still issues in need of fixing (its joint venture with Ocado, for instance), there is an undeniable momentum behind the resurgent M&S.

With the cost of living crisis easing, M&S and other supermarkets will have a fair wind at their backs.

But while the likes of Tesco and Sainsbury’s are in a decent position already, M&S has ground to make-up: shares are still marginally below where they were when turnaround specialist Archie Norman became chairman in 2017.

Norman is not a man to leave a job unfinished. I back him to get the share price back to where it was – and then keep going higher.

[darrin1471] 01/1/2024 09:27

eeza, an interesting read.
Archie Norman "suggested M&S could follow the examples of fashion chains Zara and H&M, which maintain a unified brand but vary their product ranges by region."

M&S international expansion is likely to happen if Archie is talking to the press about it but it is a long term idea and the share price this decade is going to be about the UK, food and the M&S omnichannel offer.

M&S's UK success is built on food which is difficult to replicate from a zero start abroad. Selling other clothing brands online changed the perception of M&S in the UK along with the new store formats and the positive perception of M&S in the press.

Omnichannel retailing offers new opportunities for international expansion that have never been available before.

[eeza] 31/12/2023 22:40

Poses significant risks, imo.

[debsdowner] 31/12/2023 17:02

darrin, I agree with your comments MARKS tend not to reduce as much as competitors the bigger the discount the lower the margins they make.

[darrin1471] 30/12/2023 21:38

Biggest discounts are on brands which tend to be funded by the brands to clear stock.
M&S collections have smaller reductions.
Jaeger line probably is higher margin so M&S still make profits in a 50% sale.

[eigthwonder] 30/12/2023 16:33

All retailers will budget with some reductions in mind; as long as the total amount of reductions is within scope (and, most importantly, full price sales are satisfactory) there is nothing to worry about. Also 50% off unsold Christmas related merchandise is better than dumping it for zero in February.

[debsdowner] 30/12/2023 15:05

Shoppers don't like shopping in the rain so I wouldnt like to predict how SALES are faring but 50% off means reduced margins and I don't know how MKS are reducing that much at the moment.

[dicktrade] 29/12/2023 13:59

I have been to the Westfield shopping centre at Stratford today.As I am not a regular my observations have to be taken lightly, however, I thought it was busy but have nothing to compare it with , the one thing that is of interest is that MKS was by far the busiest store in terms of numbers in store and queues at tills, no doubt punters there in part for the 50% sale.

[darrin1471] 29/12/2023 11:17

The Times. For Mugs.
Asos, Boohoo, Kingfisher, Sainsburys and Moonpig have been shorted all of 2023.