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Marks & Spencer Full-Year Results: What The Analysts Said

Published on May 23 2018 1:39 PM in Retail tagged: Featured Post / Shore Capital / Marks & Spencer / Stifel / GlobalData / What The Analysts Said / Paywall / AJ Bell / Retail Economics

Marks & Spencer Full-Year Results: What The Analysts Said

Marks & Spencer has posted a 62% decline in pre-tax profit for full-year 2017/18, with chief executive Steve Rowe eager to transform the retailer into a "faster, lower-cost, more commercial, more digital" business.

The results come hot on the heels of the retailer announcing that it plans to close as many as 100 stores across its estate between now and 2022.

Here's how leading retail analysts viewed the retailer's performance.

Russ Mould, AJ Bell

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