MAKSY / UK's Marks & Spencer Eyes More Food Halls, Less Apparel

Marks and Spencer Group PLC (LSE:MKS) shareholders will be waiting with bated breath after a buoyant update in August suggested a strong trading out more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

The British retailer is on the path to recovery. The new financial year has got off to a good start. The positives, however, look already priced in. more_horizontal

Four years ago the venerable retailer fell out of the FTSE 100, suffering a humiliating blow to its prestige. But now it has turned things around more_horizontal

Shares of Marks and Spencer Group Plc (LON: MKS) ended nearly 8.0% up on Tuesday after the retailer raised its profit outlook for the full year. more_horizontal

Like-for-like sales at the company's Clothing & Home and Food divisions rose 6% and 11% respectively during the 19 weeks to 12 August. more_horizontal

Is Marks & Spencer Group PLC, a mainstay of UK retail, witnessing a transformation in investor sentiment? Recent reports from both Shore Capital and B more_horizontal

Barclays Capital's recent research note on Marks and Spencer Group PLC offers a persuasive argument for optimism in the high street retailer's future more_horizontal