Company Earnings UpdateMarks & Spencer (LSE: MKS) 3Q17 Update: Improved Sales Beat Expectations Coresight Research January 13, 2017 Executive Summary UK clothing-and-food retailer Marks & Spencer (M&S) reported that 3Q17 sales were up 5.9% as reported and up 4.3% on a constant currency basis. The closely watched UK Clothing and Home segment posted impressive comparable sales growth of 2.3%, beating analysts’ expectations of 0.2% growth. The Food segment reported comps of 0.6%, beating expectations of a slight decline. In 3Q17, the company’s total UK sales increased by 4.5% year over year and by 1.3% on a comparable basis. International sales increased by 18.9% year over year and by 2.9% on a constant currency basis. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Sentiment by Age—Younger Consumers Are More Optimistic but Older Consumers’ Sentiment Improves: US Consumer Survey InsightsAnalyst Corner: US Mass Merchandisers, Warehouse Clubs and Discount Stores—Target in Transition as Dollar Stores and Clubs Surge Ahead, With Sujeet NaikWeekly US Store Openings and Closures Tracker 2025, Week 44: Carter’s To Close 150 StoresChina Singles’ Day 2025 Insights: Participation Rises but Spending Becomes More Selective Amid Tariffs, Value-Seeking and Platform Shifts
