MKS.L - Marks and Spencer Group plc
| Previous Close | 279.60 |
| Open | 279.20 |
| Bid | 277.20 x 63000 |
| Ask | 288.00 x 23400 |
| Day's Range | 278.80 - 284.40 |
| 52 Week Range | 262.10 - 397.80 |
| Volume | 8,548,391 |
| Avg. Volume | 9,010,262 |
| Market Cap | 4.602B |
| Beta | 0.56 |
| PE Ratio (TTM) | 24.88 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.19 (7.05%) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Reuters•7 days ago
M&S's marketing boss latest to go in management shake-up
Britain's Marks & Spencer (MKS.L) said on Wednesday its marketing boss was leaving the retailer - the latest casualty of sweeping management changes under Chief Executive Steve Rowe and Chairman Archie Norman. M&S said Patrick Bousquet-Chavanne, executive director of customer, marketing and M&S.com, appointed by Rowe's predecessor Marc Bolland six years ago, has stepped down from the board and would leave the company at the end of next month. Rowe is reorganising M&S into businesses with clearer lines of accountability.
- Reuters•8 days ago
M&S to close Hardwick distribution centre, affecting 450 jobs
Its contractors XPO Logistics and DHL have started consultations with their Hardwick staff, it said. M&S also said it had appointed DHL, owned by Deutsche Post AG (DPWGn.DE), to operate its new South East distribution centre at Welham Green.
- Financial Times•9 days ago
[$$] Marks & Spencer facility to close affecting 450 jobs
Marks & Spencer has announced it will close one of its distribution centres in Hardwick, north-west England, putting 450 jobs at risk. The XPO Logistics and DHL contractors at the centre supply clothing ...
- Simply Wall St.•13 days ago
What To Know Before Buying Marks and Spencer Group plc (LON:MKS) For Its Dividend
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Marks and Spencer Group plc (LSE:MKS) has returned to shareholdersRead More...
- Reuters•20 days ago
European shares dip on latest Trump tariff threat
By Danilo Masoni MILAN (Reuters) - European shares fell on Friday after U.S. President Donald Trump warned of further tariffs on China, although the losses were limited by gains among defensive stocks ...
- Quartz•24 days ago
Marks & Spencer’s runaway hit in India: lingerie
Marks & Spencer’s (M&S) lingerie collection is flying off its Indian store shelves. So brisk are the sales—40% growth over financial years 2015 and 2017—that the British retailer now plans to increase the number of its standalone lingerie stores in the country from the existing six. It already operates 63 other stores in 27 cities,…
- Simply Wall St.•27 days ago
What You Must Know About Marks and Spencer Group plc’s (LON:MKS) 6.40% ROE
Marks and Spencer Group plc’s (LSE:MKS) most recent return on equity was a substandard 6.40% relative to its industry performance of 13.33% over the past year. An investor may attributeRead More...
Reuters•last monthM&S revamps clothing and home leadership team
British retailer Marks & Spencer (MKS.L) said on Monday it was shaking-up its clothing and home leadership team, with Queralt Ferrer, its womenswear and lingerie design director, and Belinda Earl, its style director, both stepping down from their roles. The moves follow the appointment in October of Jill McDonald, the former boss of bikes to car parts chain Halfords, as its clothing and home managing director. Reporting to Chief Executive Steve Rowe, McDonald has been tasked with delivering the sustained sales and profit growth that has eluded Britain's biggest clothing retailer for a decade.
Reuters•last monthM&S replaces boss in flagging food business
British retailer Marks & Spencer (MKS.L) said on Thursday it was replacing food boss Andy Adcock with an executive from Steinhoff (SNHJ.J), the troubled South African retailer, seeking to get the business back on track after a year of underperformance. M&S said director of food Adcock, who has been with the retailer for nine years, would leave at the end of April. Machin is currently the group CEO of Steinhoff UK, which owns furniture retail brands.
- Reuters•last month
Strong euro takes toll on Zara owner Inditex
A stronger euro took its toll on Spanish retailer Inditex (ITX.MC) in its latest quarter, leading to lower profit margins at the owner of clothing chain Zara, while a cold snap dragged on sales of spring fashions at the start of its financial year. "Looking to the year ahead, we should not see a negative impact on margin at current exchange rates," Isla told a news conference in the company's headquarters in northern Spain. The shares closed up 4 percent at 25.24 euros.
Reuters•2 months agoM&S boss Rowe, new chairman Norman see eye to eye on strategy
The chief executive of British retailer Marks & Spencer (MKS.L), Steve Rowe, said he and his new chairman, Archie Norman, differed very little on the strategic direction of the company and were working well together. Given Norman's impressive track record of turning around struggling retailers, most famously the revival of supermarket chain Asda (WMT.N) in the 1990s, some analysts had feared he could go beyond his non-executive brief of running the M&S board and become a "back seat driver" of the business.
- MarketWatch•2 months ago
This gold guy managed $40 billion at BlackRock — but quit to run a farm instead
Career changes are common, but what’s not is going from managing $40 billion in assets as a London fund manager to running your own farms. But that’s exactly what Graham Birch, a former BlackRock investment ...
- Reuters•2 months ago
'Sooner, faster, now' - the companies surfing the e-commerce wave
Amazon's assault on the retail industry has brought misery to traditional retailers without a strong web presence. Less well noticed is the patchwork of European companies that are turning the e-commerce revolution to their advantage, supplying online giants with everything from forklift trucks and storage space to cardboard boxes and automated warehouses. Mainly bricks-and-mortar retailers such as Debenhams, H&M and Marks & Spencer have faced a torrid few years as stretched consumers increasingly look online for bargains.
- Simply Wall St.•3 months ago
Are Marks and Spencer Group plc’s (LON:MKS) Interest Costs Too High?
Mid-caps stocks, like Marks and Spencer Group plc (LSE:MKS) with a market capitalization of UK£4.82B, aren’t the focus of most investors who prefer to direct their investments towards either large-capRead More...
- Bloomberg•3 months ago
Investors in M&S Are Pinning Their Hopes on This Man
As short sellers swoop on Marks & Spencer Group Plc, value investors are pinning their hopes on a man with a history of turning around struggling businesses.
Reuters•3 months agoM&S to close 14 more UK stores as it speeds up change
British retailer Marks & Spencer said it plans to close a further 14 stores in its home market, speeding up a programme to re-shape its store estate as more sales move online. M&S said in 2016 it would reposition about 25 percent of its clothing and home space through a combination of closures, downsizes, relocations and conversions to food-only stores. In November last year, three months after retail veteran Archie Norman joined as chairman, it said it was accelerating this programme, saying it had seen better than expected levels of sales transfer from initial store closures.
- Reuters•3 months ago
M&S to close 14 more UK stores as it speeds up change
British retailer Marks & Spencer (MKS.L) said it plans to close a further 14 stores in its home market, speeding up a program to re-shape its store estate as more sales move online. M&S said in 2016 it would reposition about 25 percent of its clothing and home space through a combination of closures, downsizes, relocations and conversions to food-only stores. In November last year, three months after retail veteran Archie Norman joined as chairman, it said it was accelerating this program, saying it had seen better than expected levels of sales transfer from initial store closures.
- Simply Wall St.•3 months ago
Is Marks and Spencer Group plc (LON:MKS) A Sell At Its Current PE Ratio?
Marks and Spencer Group plc (LSE:MKS) is currently trading at a trailing P/E of 27.2x, which is higher than the industry average of 21x. While MKS might seem like aRead More...
Bloomberg•3 months agoAsos Streaks Ahead
In just a few months, Asos has overtaken Marks & Spencer on a key market measure
Reuters•3 months agoASOS hits fashion sweet spot of rising online demand
British online fashion retailer ASOS (ASOS.L) beat expectations for sales growth over Christmas and said it sees potential for e-commerce to expand to as much as 40 percent of all clothing sales in developed markets. After ASOS posted a 30 percent rise in retail sales for the last four months of 2017, Chief Executive Nick Beighton told reporters the retailer was ideally placed to tap in to a generation of consumers who increasingly shop on mobile phones and communicate via social media. "The highest penetrated market for fashion on e-commerce is South Korea at over 35 percent, the UK is around 25 percent and the United States is 24 percent," he said.
- Reuters•3 months ago
Dixons Carphone CEO James quits for job at Boots
The chief executive of Dixons Carphone (DC.L) has quit Britain's largest electricals and mobile phone retailer to run the Boots chain in the country, Dixons said on Friday. Sebastian James will step down after six years as CEO around the end of the company's 2017-18 financial year in April, Dixons said in a statement. James will become senior vice president and president and managing director of Boots on Sept. 1, Walgreens Boots Alliance said in a statement.
- Reuters•3 months ago
AB Foods' sugar outlook soured by lower EU prices
Associated British Foods (ABF.L) warned on Thursday that revenue and profit from its sugar business would fall more than previously forecast in 2017-18 because of lower prices across the European Union, sending its shares lower. In November AB Foods had cautioned that in sugar, higher volumes and lower costs would only partially mitigate the effect of much lower EU prices in 2017-18. Prices were dented by substantially higher EU sugar production.
- Reuters•3 months ago
M&S to shake-up clothing supply chain with new centre
Marks & Spencer (MKS.L) said on Wednesday it would open a huge new clothing and homeware logistics centre in 2019, as part of the British retailer's strategy of simplifying its distribution network. M&S revised its strategy in November, two months after retail veteran Archie Norman joined as chairman, saying it needed further changes to modernise the clothing and homeware supply chain to reduce costs and make it faster. The firm said it would open a 495,000 square feet mechanised clothing and homeware distribution centre at a former Tesco (TSCO.L) site in Hertfordshire, southern England, next year.
Reuters•3 months agoVirtual becomes reality as British shop visits fall in December
The number of people visiting British stores in December showed its biggest decline for five years, illustrating how retail is being transformed by online shopping, a survey showed on Monday. Year-on-year footfall fell by 3.5 percent in the five weeks to Dec. 30, the biggest decline since March 2013 when it dropped by 5.2 percent, the survey by the British Retail Consortium (BRC) and researcher Springboard found. The December figure was significantly below the 12-month rolling average of a 0.7 percent decline.
