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

Published on May 20 2020 11:39 AM in Retail tagged: Featured Post / M&S / Shore Capital / Marks & Spencer / GlobalData / Paywall / AJ Bell / Liberum

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

Marks & Spencer has pledged to 'accelerate change' across its business after the business posted a 1.9% decrease in group revenue, and a 21.2% decrease in profit in the year to 28 March.

Commenting on the retailer's performance, chief executive Steve Rowe said, “Last year's results reflect a year of substantial progress and change, including the transformative investment in Ocado Retail, outperformance in Food and some green shoots in Clothing in the second half."

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

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