Marks & Spencer Q4 Sales Rise 0.8%

Marks & Spencer Group PLC MAKSY reported a 0.8% rise in its Q4 group sales. Marks & Spencer's total U.K. sales climbed 1.2%. Its food sales rose 3.1%, while general merchandise sales dropped 1.2%. On a comparable basis, UK sales declined 0.7%, while food sales climbed 1% and general merchandise sales dropped 2.8%. Marks & Spencer shares closed at $11.68 yesterday.