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
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!