Marks And Spencer Share Discussion Threads

[debsdowner] 13/3/2024 11:08

John Lewis and COOP the latest to raise their pay to £11.55 outside London which is lower than MARKS at £12 per hour.



John Lewis results out tomorrow.

[debsdowner] 13/3/2024 10:51

Morrisons have posted a loss of over 1 billion which is the second year of over a billion losses under private equity ownership.

It's interest and finance costs the root cause of costs and this year it has had to sell it's petrol forecourt business for over 2 billion to pay down it's huge debt pile



I have litle sympathy for their private equity ownership who funded the purchase by huge debts but ASDA in the UK done a similar purchase by the Issa brothers.

[bigbigdave] 12/3/2024 10:41

New uptrend seems to be in place.
I've been buying back those sold after the January update.

[pippa pinkerton] 11/3/2024 18:32

I went into my local M+S store today and it was full of shoppers, always a good sign

I think I will b buying these shares when payday comes


tee hee
PP

[johnwise] 11/3/2024 11:13

Marks & Spencer expands Nobody’s Child presence to 60 stores


Marks & Spencer is adding Nobody’s Child pop-up shops to 48 further stores to take the total number of stores with space for the brand to 60.

Nishi Mahajan, director of third-party brands at Marks & Spencer, said: “Nobody’s Child were the first third-party brand that we introduced to our ‘Brands at M&S’ platform and they continue to be one of the most-loved by our customers.

“Our partnership with Nobody’s Child is a proof point to the success of our Brands at M&S strategy – when we get the partnership right, everyone wins.”

[philanderer] 11/3/2024 11:06

RBC raises Marks & Spencer to 'outperform' (sector perform) - price target 300 (285) pence

[qantas] 11/3/2024 10:02

Marks & Spencer was also in the black after an upgrade to 'outperform' from 'sector perform' at RBC Capital Markets.

"The M&S share price has come in 17% from recent highs, due to investor repositioning and concerns over the UK consumer and costs outlook," the bank said. "But there has been no great change in its strong fundamentals in our view. At 10x CY24E P/E, the shares appear to be pricing no growth, but we think M&S can deliver this with a progressive cash returns policy, thus broadening its appeal to long term investors."

Please do your own research as always and follow FCA guidelines.

[bigbigdave] 11/3/2024 06:53

RBC RAISES MARKS & SPENCER TO 'OUTPERFORM' (SECTOR PERFORM) - PRICE TARGET 300 (285) P

[debsdowner] 10/3/2024 11:53

John Lewis results out next week on Thursday and expected to return to a small profit according to Nick Bud retail analyst.

Marks & Spencer now overtaken Waitrose on food is not unexpected the way the transformation been going and good growth in the business..

[qantas] 07/3/2024 23:31

Debsdowner for your read.

[ccsicemanandrew] 07/3/2024 12:59

You hand in your notice and the market decides you weren't that important.

[philanderer] 07/3/2024 09:55

That news didn't go down to well early on , hopefully picking up now.

[darrin1471] 06/3/2024 19:08

Sky

M&S joint chief executive Bickerstaffe to step down

[darrin1471] 06/3/2024 19:07

Sky

M&S joint chief executive Bickerstaffe to step down

[philanderer] 06/3/2024 00:34

M&S food sales surge ahead of Aldi and Lidl as recovery gathers pace



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gl=1*4isw7z*_ga*MTM3MzU2NjEyMy4xNzA5NTk3NjE0*_
ga_XE0XLFFF16*MTcwOTY4NDg2Ny4zLjAuMTcwOTY4NDg2Ny4wLjAuMA..

[eeza] 05/3/2024 17:24

M&S and Ocado lead the pack on growth.

[philanderer] 05/3/2024 14:15

M&S boss takes pre-budget swipe at tax burden

Stuart Machin writes planned tax increases risk forcing retailers to pass them on through higher prices at the tills at a time when the government wants low inflation and sustainable economic growth

[debsdowner] 05/3/2024 11:37

Retail sales fell in one of the wettest Feb on record was not a surprise...



Good to see a broker upgrade on a retail down day with poor retail sales.

[johnwise] 05/3/2024 09:57

Looks like the market maker wants the shares

UP 8 pence
M&S
buy 633,000

Sell 941,000

[gswredland] 05/3/2024 09:11

Thanks Dave wondered what was causing this rise