Marks & Spencer Group PLC
MKS: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| YX> | LOCK|yX | LOCK|@nK?jJm |
Marks & Spencer: Strong Food Performance Offsets Fashion Decline
Marks & Spencer’s third-quarter trading statement included like-for-like food sales growth of 5.6% and a 2.9% decline in fashion sales. Ocado Retail sales were up 13.7%. Shares rose around 3% at the Jan. 8 market open.
