Company Earnings Update 4 minutesRegister for Free AccessMarks & Spencer (LSE: MKS) 1H19 Results: Food Underperforms, Clothing Improves; Company Beats Bottom-Line Expectations Coresight Research November 8, 2018 Executive Summary 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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Economic Sentiment Converges as Pessimism Eases: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2023, Week 40: US Closures Up 77% vs. Last YearHealthcare—2024 Shopper Outlook: Insights Presented at the Drug Store News Industry Issues Summit 2023June 2023 US Housing Market Indicators: New Home Sales Continue To Shine
