Marks & Spencer Group plc Stock News

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.

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

Retail stocks are not what they used to be with the rise of cheaper and much more streamlined shopping experiences that are provided by companies such as Amazon (NASDAQ: AMZN ) and Walmart (NYSE: WMT

Adam Cochrane, general retail and luxury equity research analyst at Deutsche Bank, discusses the earnings of Marks & Spencer and why he is optimistic about the British retailer's future.

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.

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.

Is Marks & Spencer Group PLC, a mainstay of UK retail, witnessing a transformation in investor sentiment? Recent reports from both Shore Capital and Barclays Capital appear to underscore this shift.

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. Despite a history marred by fleeting revivals th

Marks and Spencer has been told it cannot knock down and redevelop its Oxford Street flagship store. Michael Gove, the Secretary of State for levelling up, housing and communities, decided to refuse p

Despite certain challenges, supermarkets will benefit from strength in staples this year.

Clothing retailers look set to face a squeeze heading into the new year due to falling prices, brokers have suggested. Anticipating a roughly 6% fall in clothing prices during 2024, JP Morgan analysts

Marks and Spencer Group PLC (LSE:MKS) is the latest supermarket to cut food prices, adding to signs that a jump in inflation is set to abate, Reuters has reported. M&S said it has cut the price of 70

Price alone doesn't always classify a stock as cheap but when solid growth is expected and valuation fundamentals indicate the equity is undervalued it's usually time to buy.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

Marks and Spencer Group PLC (MAKSY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.