RE: Shorts Watch Out!28 Jul 2025 15:16
Fender5. (today.)
I hope you are right ,at 1st when I saw this figure thrown about months ago I was hoping it was 300m loss of turnover I am right in thinking they are saying now it’s loss of profit?
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My word he is at it again, man of your calibre not reading RNS,s. extract below at earliest date to actual attack.
Very clear and easy to read and interpret for a person with average intelligence.
Wow I would not let you loose with £50k of my money.
But hey dyor and good luck to all shareholders you say.
You should practise what you preach, we all know your negative agenda.
🎣🎣🎣
21 May 2025 07:00
RNS Number : 4982J
Marks and Spencer Group PLC
21 May 2025
Cyber attack update.
In Fashion, Home & Beauty, online sales and trading profit have been heavily impacted by the necessary decision to pause online shopping, however stores have remained resilient. We expect online disruption to continue throughout June and into July as we restart, then ramp up operations. This will also mean increased stock management costs in the second quarter.
Therefore, our current estimate before mitigation is an impact on Group operating profit of around £300m for 2025/26, which will be reduced through management of costs, insurance and other trading actions. It is expected that costs directly relating to the incident will be presented separately as an adjusting item.
Overall, our strategy remains the same and there is no change to our longer-term plans to reshape M&S for growth. We are confident that we will enter the second half with a strong customer proposition, returning to the performance we were delivering immediately prior to the incident and throughout 2024/25, which is outlined in the following sections.