Marks & Spencer Share News (MKS)

M&S beats forecasts, but analysts cautious about weak clothing trends

Marks & Spencer's shares surged on Wednesday after the retailer impressed with a surprise increase in first-half profits, and while the market welcomed the bottom-line beat analysts raised concerns with a continued underperformance in clothing sales. Although the market was expecting a fall in profi

UPDATE: Bolland Says Marks & Spencer Has "Got Its Style Back"

UPDATE 2-M&S profits rise as cost savings offset clothing sales fall

* H1 underlying profit 268 mln stg vs forecast 252 mln * Raises general merchandise full-year gross margin forecast * Q2 non-food like-for-like sales down 4 percent * Shares rise more than 8 percent (Adds analyst, CEO comments, detail, background, shares) By James Davey<

London open: M&S, Meggitt lead UK stocks higher early on

UK stocks rose on Wednesday as decent gains from Marks & Spencer, Meggitt, Tulllow Oil and AB Foods offset falls in the mining sector after yet more weak data from China. The FTSE 100 was trading 0.6% higher at 6,493 in morning trade. With the exception Japan's Nikkei index, Asian markets weaker ov

UK MORNING BRIEFING: M&S And Meggitt Lead FTSE 100 To Higher Open

BUZZ-M&S: Top of the STOXX on earnings beat, margins outlook

** Marks & Spencer best performing & most active among top UK and European stocks after forecast beating rise in underlying H1 profit & a brighter outlook for non-food profit margins. ** Stock jumps 7 pct, poised for best day in more than 5 years. ** Some short-covering at work, trade

Warm Autumn Hits Marks & Spencer Sales As Interim Pretax Profit Dips

London pre-open: FTSE to move higher ahead of services PMI readings

UK markets are set to open on a positive note on Wednesday, despite a generally weak performance from the US and Asia overnight. City sources predict the FTSE 100 will open around 42 points higher than Tuesday's close of 6,453.97. Asian markets, with the notable exception of the Nikkei in Tokyo, de

UPDATE 1-M&S ups margin outlook though non-food sales still falling

(Adds detail) LONDON, Nov 5 (Reuters) - Britain's unseasonably warm autumn weather has taken its toll on Marks & Spencer, with the firm reporting a 13th straight quarterly fall in underlying non-food sales. But the 130-year-old group did post on Wednesday a rise in underlying first-ha

MARKET COMMENT: UK Stocks Set For Higher Open Ahead Of Services PMI

M&S non-food sales fall for 13th straight quarter

LONDON, Nov 5 (Reuters) - British retailer Marks & Spencer reported a 13th consecutive quarterly fall in underlying sales of general merchandise, hurt by unseasonably warm September weather. But the 130-year-old group did post on Wednesday a rise in underlying first-half profit for the fir

Marks and Spencer ups dividend as interim cash flow surges - UPDATE

Marks & Spencer has unexpectedly increased its interim dividend as first-half results were much better than feared, with pre-tax profit flat and much improved cash flow. Even though warm weather in September led to like-for-like clothes sales falling 3.4% in the second quarter, group total sales adv

UK Earnings, Trading Statements Calendar - Week Ahead

MARKET COMMENT: Stocks Hit As EU Slashes Growth Forecasts

Wednesday preview: M&S expected to report drop in first half profits as general merchandise drags

Marks & Spencer (M&S) is forecast to report a decline in first half profits on Wednesday, reflecting ongoing challenging conditions in the general merchandise (GM) division. The company is expected to report pre-tax profit of £252m, down from £262 the previous year, according to Numis. Despite a