Company Earning Updates 4 minutesRegister for Free AccessMarks & Spencer (LSE: MKS) 1H19 Results: Food Underperforms, Clothing Improves; Company Beats Bottom-Line Expectations Author By Coresight Research November 8, 2018 Key Points In 1H19, Marks & Spencer (M&S) reported a slightly improved performance in its UK Clothing & Home segment, as it seeks to reshape its clothing offering with streamlined ranges that will help it to recapture family-lifestage shoppers. The UK Food segment turned in a disappointingly deep fall in comparable sales, impacted by a pivot away from promotions in favor of lower prices. Adjusted pretax profit was up 2.0% year over year and ahead of the consensus estimate of £200.5 million. November 8, 2018 Register for Free Access Please Login to read the full report. Not a member? Register for a free user account. Other research you may be interested in: