Marks And Spencer Share Discussion Threads

[netcurtains] 08/11/2021 16:19

It's not just M&S its top marks
and royal Spencer

[philanderer] 08/11/2021 14:35

'UK consumer confidence lowest since March as pessimism rises'


Airlines may be in celebratory mood today, but UK consumers are feeling less optimistic.

Pessimism about household finances have dragged down consumer confidence for the third month running, as people judge that their financial situation has deteriorated - and is going to get worse.

This follows rising inflation, surging gas prices, looming tax increases, growing supply chain problems, and the recent fuel shortages.

The latest poll from YouGov and the Centre for Economics and Business Research found that consumer confidence is the lowest since the last Covid-19 lockdown ended this spring.

Confidence about household finances over the next year has taken a sharp dive.

[johnwise] 08/11/2021 13:37

Marks and Spencer release image showing what new Llandudno foodhall will look like

The retail giant is set to relocate from Mostyn Street to Parc Llandudno next spring

[debsdowner] 08/11/2021 09:44

MARKS need to make the pre tax profit after any exceptionls otherwise the city may not be as possitive.

[johnwise] 08/11/2021 08:11

Marks & Spencer’s sell-out Snow Globe Gin is back (and now comes in magnum size)

It’s no secret that most of us love a festive tipple - and while Bailey’s or sherry may be the most traditional choice, in September 2019 Marks & Spencer created a new, highly coveted contender: Snow Globe Gin.

[johnwise] 08/11/2021 08:11

Marks & Spencer’s sell-out Snow Globe Gin is back (and now comes in magnum size)

It’s no secret that most of us love a festive tipple - and while Bailey’s or sherry may be the most traditional choice, in September 2019 Marks & Spencer created a new, highly coveted contender: Snow Globe Gin.

[xxxxxy] 08/11/2021 07:37

Amazon. Here today. Then........ The upstarts snapping at Amazon's heels in UK's online delivery warDelivery start-ups target small businesses struggling to break free from their reliance on tech giant... Daily Telegraph

[johnwise] 08/11/2021 06:08

Marks & Spencer expected to report further progress with transformation plan


Marks & Spencer is expected to announce further progress in its turnaround plan and post-pandemic recovery this week, although there will continue to be caution amid a rocky retail backdrop.

The retail giant will reveal its latest half-year trading figures to shareholders on Thursday 11 November. It is expected to show profits above pre-pandemic levels after a strong year of recovery, with analysts at Jefferies forecasting a £264 million pre-tax profit, compared with £176 million two years ago.

Five City analysts have made first-half profit projections ranging from £205 million to £264 million, while the retailer has continued to make positive strides this year, with its share price currently double its value from last November.

Both M&S’s clothing and home and food businesses have been described as “stronger” than they were before the pandemic.

[johnwise] 08/11/2021 06:06

Marks & Spencer expected to report further progress with transformation plan


Marks & Spencer is expected to announce further progress in its turnaround plan and post-pandemic recovery this week, although there will continue to be caution amid a rocky retail backdrop.

The retail giant will reveal its latest half-year trading figures to shareholders on Thursday 11 November. It is expected to show profits above pre-pandemic levels after a strong year of recovery, with analysts at Jefferies forecasting a £264 million pre-tax profit, compared with £176 million two years ago.

Five City analysts have made first-half profit projections ranging from £205 million to £264 million, while the retailer has continued to make positive strides this year, with its share price currently double its value from last November.

Both M&S’s clothing and home and food businesses have been described as “stronger” than they were before the pandemic.

[debsdowner] 07/11/2021 17:16

SAINSBURYS has had to delay its Christmas toy promotion due to shortages:



I suspect SAINSBURYS wont be the only supermarket to suffer shortages due to a combination of factors in the supply chain and also driver shortages.

It will be interesting to see if MARKS have anything to say on stock levels and shortage of products which could affect overall sales.

[debsdowner] 07/11/2021 17:08

TESCO falling back in cheapest supermarket:



TESCO campaign to be cheaper than ALDI seems to have failed misserably and its seen as one of the dearest supermarkets.

[neilhumphreys] 07/11/2021 15:48

Marks & Spencer Half year financial results reporting this coming Wednesday 10 November 2021 07.00.

Does everyone understand?

[debsdowner] 07/11/2021 12:47

Results this week comming.

[xxxxxy] 07/11/2021 12:25

M&S will update the City on Wednesday on its performance in the first half of the year. Pre-tax profit is expected to be between £205m and £264m, a significant improvement from a £17m loss in the same period last year, but also an increase on the £180m it delivered before the pandemic.The improvement comes after a torrid year for M&S, which sunk to its first annual loss in 94 years in May as higher food sales failed to offset the collapse in demand for clothing at the onset of the pandemic. Last year it cut 7,000 jobs and accelerated its latest transformation plan, with a focus on online sales.M&S share price change since pandemic struckFrom 7 Feb '20 to 5 NovMarAprMayJuneJulyAugSeptOctNovDecJanFebMarAprMayJuneJulyAugSeptOctNov-40.0%-20.0%0.0%? Marks & Spencer Group PLC: 183.4 ? 193.95.7%More share information on In August, the company posted a surprise profit upgrade thanks to a boom in trading after the lockdowns were lifted.The signs of a turnaround have meant that for the first time in years no leading retail analysts are recommending that clients sell M&S shares.Investec said: "Focus is expected to be on the short-term cost headwinds... M&S should be in a relatively good position ahead of Christmas."It will not reinstate its dividend for the half, however, as it took out a Covid loan from the Government which restricts payouts to shareholders.....Telegraph.co.uk

[netcurtains] 07/11/2021 08:49

Sunday Times article: "This isn't just recovery, its M&S recovery".

[netcurtains] 06/11/2021 20:53

There is something very Christmasy about going to M&S.

[philanderer] 06/11/2021 10:44

The Guardian: Marks & Spencer’s online Christmas food ordering service has already sold out of the biggest turkeys, puddings and even Brussels sprout gratin, as shoppers go into overdrive over fears the supply chain crisis could hit this year’s celebrations.

Citywire

[philanderer] 06/11/2021 01:31

M&S looks to stock Kate Middleton's favourite fashion brand overseas

[philanderer] 05/11/2021 10:44

M&S: Customers are Christmas shopping early

[debsdowner] 05/11/2021 08:23

M&S customers shopping early could muddy outlook over Christmas (boom & bust? )

[debsdowner] 04/11/2021 19:06

Sainaburys value trap says TMF