M&S experienced a stronger-than-expected trading performance during the Christmas period in both the food and C&H businesses.
The strong growth in the value-for-money daily food line took the food business to its highest level ever in terms of market share. The C&H business also delivered an encouraging performance thanks to the accelerated omnichannel development and increased product diversity.
However, following this better-than-expected Christmas trading, the market was somewhat disappoint ....

13 Jan 2023
Better Christmas trading but maintained cautious outlook

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Better Christmas trading but maintained cautious outlook
Marks and Spencer Group plc (MKS:LON) | 167 1.7 0.6% | Mkt Cap: 3,276m
- Published:
13 Jan 2023 -
Author:
Jie Zhang -
Pages:
3 -
M&S experienced a stronger-than-expected trading performance during the Christmas period in both the food and C&H businesses.
The strong growth in the value-for-money daily food line took the food business to its highest level ever in terms of market share. The C&H business also delivered an encouraging performance thanks to the accelerated omnichannel development and increased product diversity.
However, following this better-than-expected Christmas trading, the market was somewhat disappoint ....