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Britain's Marks & Spencer beats Christmas forecasts

Reuters - UK Focus

LONDON, Jan 12 (Reuters) - Marks & Spencer (Frankfurt: 534418 - news) soundly beat forecasts for Christmas trading as it reported its first quarterly rise in underlying clothing and homeware sales in nearly two years, delivering a boost to new boss Steve Rowe.

Clothing & Home like-for-like sales rose 2.3 percent in the 13 Weeks to 31 Dec (Shanghai: 600875.SS - news) , beating a market forecast of a rise of 0.2 percent, while food was up 0.6 percent, also ahead of forecasts, it said on Thursday.

(Reporting by Paul Sandle; editing by Kate Holton)