3Q UK LFL Clothing & Home (C&H) -2.8% v consensus -3%, 3Q 2016/17 +3.1%, Food -0.4% v cons []%, LY +0.6%, total -1.4% v cons -1.8%, LY +1.3%. Company has stated no change to Full Year Guidance – pre exceptional cons £580m. Online sales growth - low achieved rate of +3.0% impacted by some timing issues but still low. Overall the current year is of less significance than any strategic actions the company will take under new Chair Archie Norman’s direction which are lik
11 Jan 2018
Trading Fine, Waiting for Next Phase
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Trading Fine, Waiting for Next Phase
Marks and Spencer Group plc (MKS:LON) | 260 7.5 1.1% | Mkt Cap: 5,306m
- Published:
11 Jan 2018 -
Author:
Tony Shiret -
Pages:
4
3Q UK LFL Clothing & Home (C&H) -2.8% v consensus -3%, 3Q 2016/17 +3.1%, Food -0.4% v cons []%, LY +0.6%, total -1.4% v cons -1.8%, LY +1.3%. Company has stated no change to Full Year Guidance – pre exceptional cons £580m. Online sales growth - low achieved rate of +3.0% impacted by some timing issues but still low. Overall the current year is of less significance than any strategic actions the company will take under new Chair Archie Norman’s direction which are lik