Marks And Spencer Share Discussion Threads

[philanderer] 07/7/2016 09:37

Cantor Fitzgerald 'sell' target 250p


'Marks & Spencer suffers biggest clothing sales fall in 10 years'

Retailer hit by 8.9% plunge in garment and homeware sales, with food revenue also experiencing drop compared to last year

[philanderer] 07/7/2016 09:03

Steve Rowe fitting in nicely, following the usual M& S bullsh^t.

Awful as expected.

It`s a food retailer that can`t sell clothes.

I`ve bought @ 289p :-)

[freedom97] 07/7/2016 08:55

Hopefully the July sale which started Tuesday will give a new boost to sales and don't forget M&S could gain many of the BHS customers, plus if the customers like the changes that are being made to the stores, then hopefully they will keep returning.

[montyhedge] 07/7/2016 08:51

Could have been worst, Philip Green could have won the bid for M & S years ago.

[careful] 07/7/2016 08:46

fall off for clothes sales looks serious.
food looks good.
clothing is where the profit is.

[diku] 07/7/2016 08:08

No doubt you will catch the bottom price to buy more!...

[marko19610] 07/7/2016 08:06

So it was a trap then. Now its down

[freedom97] 07/7/2016 08:03

"For lines repriced in Q4 we have seen strong sales growth."

[marko19610] 07/7/2016 08:01

Its gone up on these results. Really

[diku] 07/7/2016 07:58

Is it good bad or ugly?....

[freedom97] 07/7/2016 07:35

We will have to wait until the next quarter report to see the benefits of the changes:
"We have repriced c.1,000 lines since January and are pleased with early results. For lines repriced in Q4 we have seen strong sales growth."

"Group sales were up 1.3% in the 13 weeks to 2(nd) July"

"International sales were up 0.7% at constant currency and rose 6.1% on a reported basis."

[honeywell2] 07/7/2016 07:31

Look's like a big down to me.

[harebridge] 07/7/2016 07:11

M&S blaming the timing of Easter- I've heard it all now(1) Timing of Easter had an adverse effect of 0.5% on Food and 0.8% on Clothing & Home sales growth.

[philanderer] 07/7/2016 00:01

I`ve strolled past his London home a few times this year. Armed police in full view front and back, night and day.

[diku] 06/7/2016 21:25

Is he now buying from Primark?...

[smokybenchod] 06/7/2016 20:27

I blame Tony Blair for the decline in clothing sales at M&S

[miikke] 06/7/2016 16:28

Pay out safe according to news post

[philanderer] 06/7/2016 13:15

Let`s see what excuses this sorry lot come out with for tomorrow`s update from their nice new shiny head office in Paddington Basin

[maxidi] 06/7/2016 10:51

Invoke Article 50 of The Lisbon Treaty immediately.

Just signed this petition on Gov. Petitions. Already over 66,000.

Go to....Petitions. UK Government and Parliament.

[diku] 05/7/2016 21:52

I say make those insiders who are earning fees spend one day a week in the stores on the shop floor....give them the taste of reality...

[philanderer] 05/7/2016 20:46

My wife looked in the Edgeware Road, London Branch today. Rail upon rail of clothing ,all packed together, all discounted. Total shambles.

All it needed was a big sign saying 'Look at Our Mistakes'

[philanderer] 05/7/2016 12:16

At least they're trying something. Desperate times though.

Marks & Spencer sale: High street chain price crash everything from fashion to furniture

[philanderer] 05/7/2016 10:07

5th july Jefferies underperform tp 250p
5th july Liberum sell tp 260p

[careful] 05/7/2016 09:54

i have been buying here.
never rated BHS, Woolworths lost its way decades before it went down.

hoping for a recovery here over the medium term.