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Marks & Spencer Third Quarter Results: What The Analysts Said

Published on Jan 10 2019 1:00 PM in Retail tagged: Trending Posts / UK / Shore Capital / Marks & Spencer / Savvy / Stifel / Steve Rowe / GlobalData / Paywall / CityIndex / Retail Economics

Marks & Spencer Third Quarter Results: What The Analysts Said

Marks & Spencer has posted a 3.9% decrease in group sales in the third quarter of its financial year, with Food (-1.2%) and Clothing & Home (-4.8%) also seeing declines.

Chief executive Steve Rowe has commented that the business' transformation programme remains "on track", saying, “Against the backdrop of well publicised difficult market conditions our performance remained steady across the period."

Here's how leading retail analysts viewed its performance:

Kate Ormond, GlobalData

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