Marks and Spencer reports steady performance in Q3

Source: Marks & Spencer, Thursday, Jan 10, 2019

Marks and Spencer reported steady like-for-like performance with its transformation programme on track. Total UK sales stood at GBP2.78 billion with Food sales at GBP1.67 billion and Clothing and Home at GBP1.1 billion. Clothing & Home revenue reflected lower footfall to stores as a result of the increasing pace of closures, with online growth of 14% driven by improvements to proposition and operations.