Company Earnings Update 2 minutesRegister for Free AccessMarks & Spencer (LSE: MKS) 1Q18 Update: Retailer Slows Rate of Decline in Clothing Coresight Research July 12, 2017 Executive Summary Marks & Spencer (M&S) reported UK Clothing and Home comparable sales fell 1.2% in 1Q18. This compared to a 5.9% slump in 4Q17. The company posted a 0.1% fall in UK Food comps in 1Q18, versus a 2.1% fall in the previous quarter. Total group sales were up 2.7% in 1Q18, helped by openings of new UK Food stores and the beneficial impact of exchange rates on international sales. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Luxury Clothing and Footwear Sector To Gain Share of the Total US Apparel Market in 2023 and BeyondWhat Did We Learn from Legends of Commerce: Content & Cocktails?Tackling Theft, Standardizing RMNs and More: Tech Insights from Retail Innovation Conference & Expo 2024US CPG Sales Tracker: CPG Growth Disappoints as In-Store Sales Slow
