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Marks & Spencer First-Half Results – What The Analysts Said

Published on Nov 6 2019 1:00 PM in Retail tagged: Featured Post / Barclays / Marks & Spencer / Paywall / AJ Bell / Retail Economics

Marks & Spencer First-Half Results – What The Analysts Said

Marks & Spencer has posted a 2.1% decrease in group revenue in the first half of its financial year, with its food business seeing growth of 0.9%, and its Clothing & Home arm posting a 5.5% decline.

Commenting on its performance, chief executive Steve Rowe said that the group's transformation plan is "now running at a pace and scale not seen before at Marks & Spencer. For the first time we are beginning to see the potential from the far reaching changes we are making".

Here's how leading retail analysts viewed its performance:

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