MKS.L - Marks and Spencer Group plc

LSE - LSE Delayed Price. Currency in GBp
299.10
-7.80 (-2.54%)
As of 9:16AM BST. Market open.
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Previous Close306.90
Open306.40
Bid299.20 x 63000
Ask299.40 x 23400
Day's Range297.80 - 306.60
52 Week Range262.10 - 396.00
Volume3,612,457
Avg. Volume10,787,716
Market Cap4.853B
Beta0.70
PE Ratio (TTM)26.24
EPS (TTM)11.40
Earnings DateN/A
Forward Dividend & Yield0.19 (6.23%)
Ex-Dividend Date2017-11-16
1y Target Est313.86
  • Marks & Spencer is a decrepit vestige of Britain’s class wars
    Quartz3 hours ago

    Marks & Spencer is a decrepit vestige of Britain’s class wars

    Marks & Spencer is one of the last bastions of middle-class Britishness. Long before the department store gained a following for its Percy Pig sweets and canned gin and tonics, it was an institution as British as the royal family, tea and scones, and complaining about the weather. The 134-year-old department store—the country’s biggest clothing…

  • Reuters16 hours ago

    Trade tremors, commodities dent European shares amid Italian government uncertainty

    By Danilo Masoni and Helen Reid MILAN/LONDON (Reuters) - European shares pulled back on Wednesday as U.S.-China trade talks stalled and a drop in crude prices slammed the brakes on a stellar run in energy ...

  • MarketWatch16 hours ago

    U.K. stocks pull back from record high as inflation misses mark

    U.K. stocks fell from an all-time high on Wednesday, as geopolitical risks returned to the fore after U.S. President Donald Trump expressed doubts his high-level meeting with North Korea will happen. The pound slumped to a 2018 low after data showed U.K. inflation unexpectedly fell in April. The pound (GBPUSD) dropped to an intraday low of $1.3305, from $1.3432 late Tuesday in New York, after inflation data missed forecasts.

  • M&S a bright spot as big oil, miners knock FTSE off record high
    Reuters16 hours ago

    M&S a bright spot as big oil, miners knock FTSE off record high

    The UK's top share index was knocked down of its highs on Wednesday and sustained its biggest loss in two months as oil majors and commodity-related stocks fell but well-received results made Marks & Spencer a bright spot. The blue chip FTSE 100 index closed down 1.17 percent at 7,785.08 points. Energy stocks took around 37 points off the index as shares in Royal Dutch Shell fell 3.3 percent and BP declined 1.9 percent.

  • Reuters17 hours ago

    Britain's M&S says modernising rapidly to survive

    Marks & Spencer is modernising rapidly to survive and has finally found a strategy that will deliver the profitable, growing business craved by investors, the British retailer said on Wednesday. M&S, one of Britain's best known retailers, faces unrelenting competition from supermarkets and discounters, fashion chains like Zara, H&M and Primark, as well as Amazon, while pressure on consumer spending is hampering efforts to revive its business. Accelerated change in the business is therefore our only option," Chief Executive Steve Rowe told reporters.

  • Doors Closing on U.K. Retail Jobs
    Bloomberg18 hours ago

    Doors Closing on U.K. Retail Jobs

    Marks & Spencer Group Plc’s plan to close around a third of its large U.K. stores over the next four years is set to contribute to the decline in British retail jobs, which have fallen every month since late 2015.

  • CNBC20 hours ago

    European markets retreat amid Italian government uncertainty; Marks & Spencer up 5%

    European stocks were lower Wednesday morning, amid Italian government uncertainty and souring market sentiment over ongoing trade talks between the world's two biggest economies.

  • M&S Takes Its Medicine
    Bloomberg23 hours ago

    M&S Takes Its Medicine

    Archie Norman, the famed turnaround specialist who is now chairman of Marks & Spencer Group Plc, is hoping for a textbook turnaround of Britain’s biggest clothing store by value. The company denied this was a kitchen sinking.

  • Britain’s biggest high-street clothing shop has sounded the death-knell warning for the industry
    Quartzyesterday

    Britain’s biggest high-street clothing shop has sounded the death-knell warning for the industry

    As Britain’s biggest clothing retailer, Marks & Spencer is a bellwether for the health of the UK high street, and its bold move to close more than 100 stores by 2022—which it revealed today (May 23) will cost £321 million ($430 million)—is a sign that brick-and-mortar clothing shops are on their last legs. The closures…

  • M&S Faces Up to Past Errors as Food and Clothing Sales Fall
    Bloombergyesterday

    M&S Faces Up to Past Errors as Food and Clothing Sales Fall

    Marks & Spencer Group Plc owned up to its mistakes, saying it needs to close more stores and catch up to rivals in e-commerce as Chairman Archie Norman tries to pull the U.K. retailer out of a crisis that has dragged on for more than a decade. Chief Executive Officer Steve Rowe acknowledged the company’s past missteps, saying M&S was slow to embrace e-commerce and to respond to a slump in foot traffic on the U.K.’s shopping streets. After previous turnaround plans by former management failed to restore consumer interest in M&S apparel and shoppers even began defecting from its grocery aisles, he and Norman asked for patience.

  • Reuters2 days ago

    M&S to close 100 UK stores by 2022 as it speeds-up change

    British retailer Marks & Spencer (MKS.L) plans to close more than 100 stores in its home market by 2022, accelerating a drive to re-shape its business as it strives to make at least a third of sales online. The closures represent around a tenth of the clothing and food group's UK stores, as it grapples with weak consumer spending and intense competition from supermarkets, fashion chains like Zara and H&M as well as online giant Amazon. Marks & Spencer (M&S), one of the best known names in UK retail, first said it would reduce the amount of store space devoted to clothing and homewares in 2016, shortly after company lifer Steve Rowe became chief executive.

  • M&S to Shut a Third of U.K. Clothing Stores Amid Online Push
    Bloomberg2 days ago

    M&S to Shut a Third of U.K. Clothing Stores Amid Online Push

    Marks & Spencer Group Plc plans to close around a third of its large U.K. stores over the next four years, as the retailer belatedly adapts to the rise of e-commerce. The London-based retailer intends to increase the proportion of online clothing sales to one-third, from about 18 percent now. J Sainsbury Plc’s $10 billion acquisition of Walmart Inc.’s Asda will create the U.K.’s largest retailer and intensify the pressure on M&S in clothing and food.

  • Reuters2 days ago

    New Halfords CEO issues profit warning, shares deflated

    The new boss of Halfords (HFD.L) warned profit was unlikely to grow this year, held back by a lack of price rises in cycling, currency moves and increased investment in the British bicycles to car parts retailer. Shares in Halfords fell as much as 15 percent on Tuesday, losing all the gains they had made so far this year. The results for the year to the end of March were the first presented by Graham Stapleton, a former Dixons Carphone (DC.L) executive who succeeded Jill McDonald as Halfords CEO in January.

  • Financial Times2 days ago

    [$$] Marks and Spencer confirms expanded store closure programme

    plans to step up its store closure programme after finding that a high proportion of customers tend to shop at alternative branches rather than abandoning the brand altogether when their local store shuts. More than 600 employees are affected.

  • M&S’s Sparkle Is More Like a Fizzle
    Bloomberg3 days ago

    M&S’s Sparkle Is More Like a Fizzle

    Marks & Spencer Group Plc rebranded itself as Markle & Sparkle over the weekend, in honor of the royal wedding. The company will step up the pace of store closures when it announces its annual earnings on Wednesday, Bloomberg News reported. Although the amount of capacity coming out of the company's estate is unlikely to change from what’s already been announced -- 100 to 110 stores, or about 25 percent of clothing and home space -- it’s likely that more of the reduction may come through store closures, rather than relocations.

  • M&S names former Dixons executive Bickerstaffe as non-executive director
    Reuters3 days ago

    M&S names former Dixons executive Bickerstaffe as non-executive director

    Britain's Marks & Spencer (MKS.L) said on Monday it had appointed Katie Bickerstaffe, the former Dixons Carphone (DC.L) executive, as a non-executive director, adding more retail experience to its board. Bickerstaffe is currently chief executive designate of the new British energy supply and services company that will be created by the proposed merger of SSE (SSE.L) and Innogy (IGY.DE). Until April she was CEO of Dixons Carphone's UK and Ireland business.

  • Reuters5 days ago

    Outgoing Dixons Carphone UK boss in talks to join M&S - Sky News

    LONDON (Reuters) - The outgoing UK and Ireland chief executive of retailer Dixons Carphone is in discussion with Marks & Spencer about joining the firm's board, Sky News reported on Saturday. Dixons Carphone ...

  • Reuters5 days ago

    Outgoing Dixons Carphone UK boss in talks to join M&S - Sky News

    The outgoing UK and Ireland chief executive of retailer Dixons Carphone is in discussion with Marks & Spencer about joining the firm's board, Sky News reported on Saturday. Dixons Carphone said in April ...

  • M&S teetering on the brink of FTSE relegation
    Reuters6 days ago

    M&S teetering on the brink of FTSE relegation

    Marks & Spencer (MKS.L) is expected to report a second straight fall in annual profit next week, and with the retailer's shares down nearly a quarter over the last year it is in danger of soon being booted out of the FTSE 100 index. The 134-year-old M&S has been a member of the blue-chip index (.FTSE) since its inception in 1984. M&S faces unrelenting competition both in clothing and food on the high street and online, while efforts to revitalise its business are being hampered by an ongoing squeeze on consumers' spending power.

  • M&S transfers £1.4 billion in pension liabilities to insurers
    Reuters7 days ago

    M&S transfers £1.4 billion in pension liabilities to insurers

    Marks and Spencer's (MKS.L) pension scheme has passed 1.4 billion pounds of its liabilities to Aviva (AV.L) and Phoenix (PHNX.L), the insurers said on Thursday, as companies look to reduce the risk from their pension funds. British companies such as Pearson and Smith Group are starting to transfer pensions calculated on workers' final salaries to insurers, to take the pensions risk off their own balance sheets, a trend that is encouraging new insurers into the sector.

  • What You Must Know About Marks and Spencer Group plc’s (LON:MKS) Financial Strength
    Simply Wall St.15 days ago

    What You Must Know About Marks and Spencer Group plc’s (LON:MKS) Financial Strength

    Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Marks and Spencer Group plc (LSE:MKS) with a market-capitalization of UK£4.69B, rarely draw their attention. Despite this,Read More...

  • Reuters23 days ago

    Sainsbury's move for Asda sees some hedge funds caught out

    A popular hedge fund bet on a fall in Sainsbury's (SBRY.L) shares came unstuck on Monday after the supermarket group announced plans to merge with Walmart-owned (WMT.L) rival Asda. The deal, which would see the combined group leapfrog Tesco (TSCO.L) to become Britain's biggest food retailer, sent shares in Sainsbury's up 17 percent by 1200 GMT and on course for their biggest one-day gain since 1983, Thomson Reuters data showed. Before the news broke over the weekend, data from industry tracker FIS' Astec Analytics showed more than 160 million Sainsbury's shares were out on loan, near the top of a 52-week range, as part of a "short" trade betting the price will fall.

  • Reuters23 days ago

    Sainsbury's move for Asda sees some hedge funds caught out

    A popular hedge fund bet on a fall in Sainsbury's (SBRY.L) shares came unstuck on Monday after the supermarket group announced plans to merge with Walmart-owned (WMT.L) rival Asda. The deal, which would see the combined group leapfrog Tesco (TSCO.L) to become Britain's biggest food retailer, sent shares in Sainsbury's up 17 percent by 1200 GMT and on course for their biggest one-day gain since 1983, Thomson Reuters data showed. Before the news broke over the weekend, data from industry tracker FIS' Astec Analytics showed more than 160 million Sainsbury's shares were out on loan, near the top of a 52-week range, as part of a "short" trade betting the price will fall.

  • Reuterslast month

    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.

  • M&S targets rapid change after latest profit drop
    Reuters Videos19 hours ago

    M&S targets rapid change after latest profit drop

    Marks & Spencer says it needs to modernise urgently to survive after a second straight annual profit fall and a 321 million pound charge for a store closure programme. As Ciara Lee reports, shares in the iconic British brand have fallen by more than a quarter over the past year.