Marks & Spencer Share News (MKS)
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High street department store Marks & Spencer led retailers higher on Thursday morning, though the wider markets was kept broadly flat as concerns about Greece and UK political uncertainty limited upside. M&S shares surged 5.5% after an unexpected return to growth in clothing sales, while Dunelm and
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** Marks & Spencer up 6.1 pct at levels not seen in 7 yrs & poised for biggest 1-day rise since early Nov in robust volume ** Q4 general merchandise sales LFL up 0.7 pct vs analysts' forecast of a drop of 1.2 pct & Q3 decline of 5.8 pct (reflecting unseasonal weather & e-commerce disruption
Read moreUK stock markets were expected to be unchanged on Wednesday morning with investors treading cautiously amid developments in Greece ahead of the long weekend. City sources predict the FTSE 100 will open broadly flat on Wednesday's close of 6,809.50. UK markets will be closed on Friday and Monday for
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In the fourth quarter Marks & Spencer delivered its first growth from clothing and general merchandise for 14 quarters, with like-for-like sales up 0.7% and the gross margin maintained. Helped by heavy investment in its website finally paying off and food delivering another strong performance amid t
Read moreLONDON, April 2 (Reuters) - British retailer Marks & Spencer on Thursday posted its best non-food sales performance for nearly four years as it started to put its online distribution problems behind it. The firm said sales of general merchandise, spanning clothing, footwear and homewares,
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