image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Marks & Spencer - Outperforms food sector

May 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MKS
  • Price:
  • 444p
New CEO, Steve Rowe, has unveiled encouraging trading for the 13 weeks to 26 March with group sales up 1.9%.Food sales were ahead 4% reflecting the opening of 80 new stores. While like-for-like sales were unchanged it outperformed the market and increased market share to 4.3%.Within Clothing & Home it faced a challenging backdrop characterised by price deflation and a flat market and like-for-like sales fell 2.7%. However, spring / summer season launched with significantly higher product availability than last year. It also made improvements to range and design and Autograph sales rose 10%. Gross margin significantly improved 2.4%-2.5% as previously guided.M&S.com grew underlying sales 8.2% driven by improved we ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X