Marks & Spencer H1 Net Profit Down 10%

Marks & Spencer Group plc MAKSY reported a 10% decline in its first-half net profit. Marks & Spencer's same-store sales in the UK dropped 1.4% in the six months to September 29. Marks & Spencer's net profit for the period dropped to GBP227.2 million ($363.2million), from GBP252.4 million, in the year-ago period. Its pretax profit dropped 9.7% to GBP289.5 million, versus analysts' estimates of GBP281 million. Marks & Spencer's shares closed at $12.36 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!