11.01.2024 08:39:59 - dpa-AFX: Marks & Spencer Q3 Total Sales Up 7.2% In Constant Currency

LONDON (dpa-AFX) - Marks & Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L)
reported third quarter Group sales of 3.86 billion pounds, an increase of 7.2%
from last year. Total UK sales were 3.57 billion pounds, an increase of 8.5%, or
up 8.1% on a like-for-like basis. Food sales increased 10.5%, with LFL sales up
9.9%. Clothing & Home sales increased 4.8%, with LFL sales also up 4.8%.
International sales were down 6.4%, the Group said.

Stuart Machin, Chief Executive, said: 'Our strategy to reshape M&S for growth
has enabled sustained sales momentum across Food and Clothing & Home over the
Christmas period.'?

Marks & Spencer stated that the strong Christmas trading performance provides
confidence that the results for the year will be consistent with market
expectations. The Group noted that it faces additional cost increases from
higher than anticipated wage and business rates related cost inflation.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MARKS SPENCER GRP LS-,01 534418 Frankfurt 3,652 06.06.24 08:06:52 -0,022 -0,60% 0,000 0,000 3,652 3,674

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