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M&S annual profit slides 24% after cyber hack disruption

Wed, 20th May 2026 07:03

LONDON, ​May ⁠20 (Reuters) - British ​retailer Marks & Spencer ​reported ‌a ⁠24% drop ⁠in ​annual profit on Wednesday after ​last ‌year's cyber ​hack ‌forced a seven-week suspension ‌of online clothing orders, ​hit clothing and ‌food availability and dented ⁠sales ⁠and ‌margins.

Corporate News Consumer Goods Retail Marks & Spencer

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