RE: MKS vs TESCO SHARE PRICE23 Apr 2026 12:36
Two positives as I see it, sparks card relaunch, new stores.
The black on off white exterior branding on mks sites is now tired and is adding nothing, probably removing communication value.
Air freight of spring & summer clothing and now autumn volume is reducing GP.
The company will announce only 60% of previous years profits, and there will be a dent on expected recovery in this new year profits.
Reduced speed on lower profitable store closures is a worry, as things in the economy have changed rapidly since January ty.
Ocado JV is deteriorating with 4 hour ordering and empty space in delivery vehicles.