MKS.L - Marks and Spencer Group plc
| Previous close | 313.00 |
| Open | 311.80 |
| Bid | 297.00 x 63000 |
| Ask | 318.00 x 23400 |
| Day's range | 309.90 - 314.10 |
| 52-week range | 262.10 - 355.30 |
| Volume | 3,953,846 |
| Avg. volume | 11,379,868 |
| Market cap | 5.049B |
| Beta | 0.66 |
| PE ratio (TTM) | 194.50 |
| EPS (TTM) | 1.60 |
| Earnings date | N/A |
| Forward dividend & yield | 0.19 (5.99%) |
| Ex-dividend date | 2018-05-31 |
| 1y target est | 305.65 |
- Reuters - UK Focus•2 days ago
UK retail sales grow at fastest since 2004 in Q2, despite June dip
British shoppers stepped up purchases by the most in over a decade in the second quarter despite lower spending in June, official data showed on Thursday, giving the Bank of England some reassurance that ...
Reuters•4 days agoBritain's M&S to cut 351 store jobs
British retailer Marks & Spencer (MKS.L) said on Monday it would cut 351 jobs at stores across the country, seeking to make savings in a brutally competitive market. The job losses, first reported by The Guardian, will be mainly in various store management roles and are unrelated to M&S' program to close 100 UK stores by 2022 which has already cost some jobs. "M&S is transforming and this is a tough but necessary decision to take to ensure our stores support the future of the business and provide the best service for our customers," a spokeswoman for the retailer said.
Reuters•4 days agoM&S to cut 351 store jobs
British retailer Marks & Spencer said on Monday it would cut 351 jobs at stores across the country, seeking to make savings in a brutally competitive market. The job losses, first reported by The Guardian, will be mainly in various store management roles and are unrelated to M&S' programme to close 100 UK stores by 2022 which has already cost some jobs. "M&S is transforming and this is a tough but necessary decision to take to ensure our stores support the future of the business and provide the best service for our customers," a spokeswoman for the retailer said.
- Reuters - UK Focus•5 days ago
Britain's M&S to cut 351 store jobs
British retailer Marks & Spencer (Frankfurt: 534418 - news) said on Monday it would cut 351 jobs at stores across the country, seeking to make savings in a brutally competitive market. The job losses, first reported by The Guardian, will be mainly in various store management roles and are unrelated to M&S' programme to close 100 UK stores by 2022 which has already cost some jobs. "M&S is transforming and this is a tough but necessary decision to take to ensure our stores support the future of the business and provide the best service for our customers," a spokeswoman for the retailer said.
- Fool.co.uk•6 days ago
Build a second income stream with these FTSE 100 dividend stocks
FTSE 100 (INDEXFTSE: UKX) dividend stocks are the best way to build a second income. Here are two of the best companies to buy.
- Reuters - UK Focus•9 days ago
ASOS blames warehouse ramp-ups for sales growth miss
British online fashion retailer ASOS (LSE: ASC.L - news) missed analysts' forecasts for sales growth in its latest trading period, saying it had reined in marketing efforts as it focused on ramping up warehousing space in Germany and the United States. Listed on London's junior AIM market, ASOS shares had risen 13 percent in the year to Wednesday's close, and the stock had been trading at 67 times forecast earnings, one of the highest multiples in the sector, giving little margin for error. ASOS, which sells fashion aimed at twentysomethings, said total retail sales rose 22 percent to 802.7 million pounds in the four months to June 30 - below analysts' average forecast for growth of 25.8 percent and the 27 percent growth it reported in the first half.
- Reuters•10 days ago
M&S chairman tells investors there's no quick fix
Shareholders in Marks & Spencer (MKS.L) should not be overly concerned about its financial results over the next two years because those numbers are not that important to the clothing and food retailer's future, its new chairman told them on Tuesday. Retail veteran Archie Norman joined M&S as chairman in September last year and two months later the company detailed its latest attempt at a turnaround after more than a decade of failed reinventions. The plan included a five-year programme of store closures and relocations to cut excess selling space in its clothing business, increased technology investment and moves to make a misfiring food business more competitive.
- Reuters - UK Focus•10 days ago
M&S chairman tells investors there's no quick fix
Shareholders in Marks & Spencer (Frankfurt: 534418 - news) should not be overly concerned about its financial results over the next two years because those numbers are not that important to the clothing and food retailer's future, its new chairman told them on Tuesday. Retail veteran Archie Norman joined M&S as chairman in September last year and two months later the company detailed its latest attempt at a turnaround after more than a decade of failed reinventions. The plan included a five-year programme of store closures and relocations to cut excess selling space in its clothing business, increased technology investment and moves to make a misfiring food business more competitive.
- Reuters - UK Focus•11 days ago
Soccer-England fans don waistcoats ahead of semi-final against Croatia
To support England's bid to win a first World Cup since 1966. To wear a waistcoat for Wednesday's semi-final match against Croatia. It might sound a stretch, but some England fans want matchday in Moscow dubbed 'Waistcoat Wednesday' in tribute to manager Gareth Southgate, who has taken to wearing a waistcoat on the touch-line along with suit trousers and a dress shirt and tie.
Reuters•17 days agoCarrefour, Tesco deal to squeeze suppliers, big and small
PARIS/LONDON (Reuters) - A deal between Carrefour and Tesco to team up on global purchasing will help them not only cut prices but also expand their own-label ranges, tightening a squeeze on major brand producers such as Nestle and Kraft Heinz. The Carrefour-Tesco alliance will reset relationships with global suppliers like Unilever, Nestle and Procter & Gamble, at a time when they are already battling sluggish demand and start-up rivals. In a further blow to major consumer goods firms, the pair will also jointly source own-brand products, sales of which are growing rapidly in Europe due to the expansion of discounters like Aldi and Lidl which mostly stock private-label goods.
- Fool.co.uk•18 days ago
Why the Marks and Spencer share price could be about to soar
The prospects for Marks and Spencer Group plc (LON: MKS) could be set to improve.
- Reuters - UK Focus•18 days ago
UK's ASOS names former ITV boss Crozier as next chairman
British online fashion retailer ASOS said on Tuesday Adam Crozier, the former boss of broadcaster ITV, will succeed Brian McBride as its chairman. Crozier, the current chairman of hotels-to-coffee-chain ...
- Reuters•19 days ago
Carrefour and Tesco up stakes with new purchasing alliance
PARIS/LONDON (Reuters) - Europe's largest supermarket groups Carrefour (CARR.PA) and Tesco (TSCO.L) have agreed to form a global purchasing alliance to demand better terms from major suppliers in the latest attempt by the industry to drive down costs. With combined annual sales of $170 billion, the partnership is designed to secure a better deal from the likes of Nestle (NESN.S), Procter & Gamble (PG.N), Unilever (ULVR.L), Danone (DANO.PA) and others to help the French and British groups to compete hard on price. Such alliances are becoming increasingly common in Europe's retail sector as supermarkets battle to keep prices down to counter German-owned discount groups Aldi and Lidl and the looming shadow of U.S. internet giant Amazon (AMZN.O).
- Reuters•last month
M&S, Microsoft sign artificial intelligence deal
LONDON (Reuters) - Britain's Marks & Spencer (MKS.L) has signed a strategic partnership deal with Microsoft (MSFT.O) to test the integration of artificial intelligence technologies into the retailer's ...
Reuters•last monthUK's M&S, Microsoft sign artificial intelligence deal
Britain's Marks & Spencer has signed a strategic partnership deal with Microsoft to test the integration of artificial intelligence technologies into the retailer's stores and operations, it said on Thursday. ...
- Reuters - UK Focus•last month
UK's M&S, Microsoft sign artificial intelligence deal
Britain's Marks & Spencer has signed a strategic partnership deal with Microsoft to test the integration of artificial intelligence technologies into the retailer's stores and operations, it said on Thursday. ...
- Reuters - UK Focus•last month
LIVE MARKETS-Separating the wheat from the chaff in UK retailers
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market ...
- Reuters - UK Focus•last month
Britons go on spending spree to mark royal wedding, sunshine
British retail sales jumped for a second month in a row in May as a royal wedding and warm weather helped shoppers put a winter slump further behind them, according to data that showed much stronger spending ...
- Reuters - UK Focus•last month
UK's N Brown looks to close all 20 stores and move online
British clothing retailer N Brown Group Plc said on Thursday it was looking to close all its stores and move entirely online, the latest in a string of chains cutting back their High Street presence due to the tough retail environment. Many British retailers, including Marks & Spencer (Frankfurt: 534418 - news) and House of Fraser, are shutting shops in the face of competition from online retailers such as Amazon, a squeeze on consumer budgets and a change in Britons’ spending habits away from fashion and toward holidays and entertainment. N Brown (LSE: BWNG.L - news) , which targets women over 30 and specialises in larger sizes, said it was considering closing its last 20 stores, due to a disappointing number of shoppers.
- MarketWatch•last month
This gold guy managed $40 billion at BlackRock — but quit to run a farm instead
Graham Birch Graham Birch, a former BlackRock fund manager, now owns and runs two farms in southwest England. The Londoner ran funds that invested in gold and other metals while working as head of BlackRock’s natural-resources investment team.
- Reuters - UK Focus•last month
Britain's Boohoo rides online retail road as others fall away
Boohoo confirmed its position as one of the few winners in Britain's brutal retail market on Tuesday as its online fast fashion and low prices attracted young customers at home, in Europe and the United (Shenzhen: 000925.SZ - news) States. After years of mounting strain, Britain's clothing sector has been upended in 2018 with traditional giants such as Marks & Spencer and House of Fraser forced to shut stores as consumers shop online for cheaper goods. Founded in Manchester, northern England, in 2006, Boohoo has expanded rapidly, purchasing the PrettyLittleThing and Nasty Gal brands in recent years.
- Reuters - UK Focus•last month
Britain's Poundworld goes into administration, putting 5,100 jobs at risk
British discount retailer Poundworld has gone into administration, putting 5,100 jobs at risk and becoming the latest victim of brutal trading conditions in the UK retail sector. Business services firm ...
- Simply Wall St.•last month
Will Marks and Spencer Group plc’s (LON:MKS) Earnings Grow In The Years Ahead?
In March 2018, Marks and Spencer Group plc (LSE:MKS) released its latest earnings announcement, which suggested that the business endured a major headwind with earnings falling by -78.05%. Below isRead More...
- Reuters•last month
M&S directors miss out on bonus after profit fall
Marks & Spencer's (MKS.L) directors will not receive a bonus this year after the clothing and food retailer reported a second straight fall in annual profit, it said on Thursday. Last month M&S reported a 5.4 percent decline in underlying pretax profit for the 2017-18 year and said it had to modernise rapidly to survive. M&S's annual report showed no director was paid a bonus as profit was below the threshold to trigger the corporate element of the scheme, as well as bonus payments elsewhere at the retailer.
- Reuters - UK Focus•last month
M&S directors miss out on bonus after profit fall
Marks & Spencer (Frankfurt: 534418 - news) 's directors will not receive a bonus this year after the clothing and food retailer reported a second straight fall in annual profit, it said on Thursday. Last month M&S reported a 5.4 percent decline in underlying pretax profit for the 2017-18 year and said it had to modernise rapidly to survive. M&S's annual report showed no director was paid a bonus as profit was below the threshold to trigger the corporate element of the scheme, as well as bonus payments elsewhere at the retailer.
