Marks And Spencer Share Discussion Threads

[debsdowner] 06/10/2021 10:47

MARKS down 4% and BooHoo down 4.9% !

£1.80 level breaches price breakout on downside.

[debsdowner] 06/10/2021 10:45

Numpty, markets look forward they are worried about energy costs hitting consumer spend you have a lot to learn.

[neilhumphreys] 06/10/2021 10:42

PMI!!!!

Anyone who calls PMI DATA must be insane!!

It’s not data is 300 purchasing managers ‘opinion’;

PMIs are calculated by surveys, which ask 300 purchasing managers whether they think business and industry conditions have improved, remained constant or deteriorated compared to the previous month.

Not worth the effort reading this rubbish! Next month it will show the best numbers since Adam and Eve chastised for picking apples off the ground to eat!

[neilhumphreys] 06/10/2021 10:31

I don’t want immigration stopped!
Immigration has built GB!

I believe in a free market, but don’t agree with benefits for the unemployed-if they are able to work.

Get the young and all the layabouts off their backsides and out to work!! Forced if necessary.

Anyone in jail should be made to work 10 hours a day to pay for their keep.

[neilhumphreys] 06/10/2021 10:23

Tesco sales can only be described as tremendous! Revenue (exc. VAT, inc. fuel) £30.4bn £28.7bn 5.9%

Sales excluding VAT plus +5.9% !

[debsdowner] 06/10/2021 10:22

NEXT boss Lord Wolfson want overseas workers in due to worker shortage but Borris doeant as it would mean lower wages !!!

There is 4.5 million unemployed they need to get back in the workplace off the dole and work.

[debsdowner] 06/10/2021 10:19

netcuratins, HumptyNumpty needs to switch off completely.

[debsdowner] 06/10/2021 10:17

HumptyNumpty doesnt understans the market that is why TESCO sales rise but MARKETS down.

MARKS is reacting to overall market news and a little bit of reaction from measly sales rise at TESCO taking account of stockbuilding.

When MARKS report results will be muddied with stockbuilding by consumers.

[neilhumphreys] 06/10/2021 10:15

The news netcutains is an ass! The best thing to do is switch it off, I did 3 months ago at home and my office!

I play background music now and it’s revolutionised my life!

Switch the news off it’s constantly wrong and contradictory.

[debsdowner] 06/10/2021 10:13

UK PMI down to 52.6 missed forecasts and slowing down.

[netcurtains] 06/10/2021 10:05

sky says French fishermen are going to blockade the ports this Christmas to stop goods getting into UK

So no Brussels this Christmas

We should send in the kippers.

[neilhumphreys] 06/10/2021 09:55

Over 1 million permanent jobs are vacant and additionally a further 250,000 Christmas vacancies.

The government should definitely NOT be raising state aid!!!!! If people can work then that’s what they should be doing! Work provides income if you are physically able.

These scrounges on the dole should have their money stopped-full stop.

[neilhumphreys] 06/10/2021 09:49

Fantastic numbers from Tesco! No product availability issues in those numbers!!!


Tesco like Mks have invested heavily over the years in just in time, consistently accurate volume forecasting and shared data with suppliers. DC locations and rail infrastructure have all helped.

There’s no mistaking these numbers, a British company at its best-brilliant!!

[netcurtains] 06/10/2021 09:16

I dont understand why the news that made TESCO rise has made M&S fall.
They should both rise or both fall
or investors are barking mad.

[debsdowner] 06/10/2021 09:07

Germany factory orders down -7.7% and New Zealand increases interest rates affecting markets and stock falls.

[gonzaloalves] 06/10/2021 08:52

A very strong H1... with Retail 2yr sales growth of +8.4% LFL ex fuel (UK 8.9%) driving Retail EBIT +21% (UK+RoI +24%, representing a 2yr margin gain of 30bps to 4.7%) for a group total £1.39bn (vs JEFe/cons £1.34bn/£1.25bn). A slower than expected unwind of outsized food at home demand (combined with strong relative share performance) has driven Q2 UK Retail LFL of 8.6% vs 2019. Booker's share gains in the foodservice segment appear self-evident given Q2 sales increases of 12.5% YoY. Bank profits have rebounded from a provision-riddled -£155m in H1 20/21 to £72m (we cannot see provision releases in this semester). FC cashflow looks strong in H1, with financial net debt of £3.45bn at end of Feb becoming £2.0.1bn at end Sep. And leading to an unchanged interim DPS of 3.2p (vs 11.22p underlying EPS).

...and a raised outlook. TSCO has shifted from a vague guidance for 21/22 Retail EBIT to be 'similar' to the £2.33bn seen in 19/20 to expected growth of between 7% to 12% (vs JEFe/cons of 6%/5%) to a range of between £2.5bn and £2.6bn. We estimate this to imply H2 Retail EBIT of -6% to +2% on a 2yr basis, highlighting resilience to the well publicised opex pressures. The wording of the outlook statement suggests that this may well turn out to be a conservative guidance.

[debsdowner] 06/10/2021 08:51

Tesco evidently feel stockpiling increased sales and if that is the case the 2.5% rise isnt good enough:

"Tesco has seen sales and profits grow more than expected as Britain's biggest supermarket group shrugged off the impact of the pandemic.

In the six months to August, Tesco said it "outperformed" the grocery sector but also flagged that the sales surge could now start to "fall away".!

[gonzaloalves] 06/10/2021 08:50

TSCO's interims see FY guidance lifted sharply

[smurfy2001] 06/10/2021 07:56

If you believe the daily mail you’ll believe anything, only they are reporting that to cause panic.

[xxxxxy] 06/10/2021 07:48

The one to watch. I think.

[debsdowner] 06/10/2021 07:44

TESCO sales up 2.6% isn't exactly racing away considering there may have been stockpiling !!!

[debsdowner] 06/10/2021 07:43

Tesco (LON:TSCO) - H1 group sales ex VAT and fuel up 2.6% to £27.331 billion. Adjusted operating profit up 40.6% to £1.458 billion. Interim dividend of 3.20p, in line with prior year. Announced £500 million share buyback. Increased full year profit expectations: adjusted retail operating profit now expected to be between £2.5 billion and £2.6 billion.

[debsdowner] 05/10/2021 16:50

BooHoo share price still falling down 4% today seems shareholders starting to exit pure online retailers now lockodwn has ended. BooHoo down about 40% this year.