M&S: Not the car crash the headline numbers suggest

Marks & Spencer's results were better than they looked at first glance

The headline numbers in Marks & Spencer’s full-year results today looked like a bloodbath at retail’s most venerable name.

Profits fell an eye-watering 63.5% and like-for-like sales at the crucial clothing and home division were down a depressing 3.4%.


Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Sign up for a month FREE trial

Subscribe now