M&S falls into first loss as lockdown stifles clothing sales

The retailer's food arm achieved healthy profit growth despite weak sales growth, while clothing and home sales struggled

November 4, 2020

The retailer outperformed its pandemic scenario forecasts, helping it exit the period with less stock
But M&S will not pay a dividend this financial year

IC TIP: Sell at 92p

This is subscriber only content

Start your trial to keep reading

PRINT AND DIGITAL trial

Get 12 weeks for £12

Have an account? Sign in