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MAKSY News and Press, Marks & Spencer Group PLC ADR From 07/17/23

Stock Information

Company Name: Marks & Spencer Group PLC ADR
Stock Symbol: MAKSY
Market: OTC
Website: marksandspencer.com

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MAKSY - Tesco: Recipe For Success, Dominating The U.K. Groceries Market

2023-07-17 00:08:47 ET Summary Tesco is the leading supermarket retailer in the UK. It has navigated increased competition and is set for growth in line with economic development. The company's scale/geographical reach, multi-format approach, robust online presence, and innovation...

MAKSY - Marks and Spencer: Weak Operating Margin Encourages Caution

2023-06-30 03:50:32 ET Summary Marks and Spencer stock has seen a significant rise of 68.2% in the last six months due to improved financial health and restored dividends. M&S plans to reduce costs by £400 million over the next five years, which could improve its operatin...

MAKSY - Marks and Spencer: More Headwinds And Improvements Uncertain

2023-05-16 04:10:36 ET Summary Marks and Spencer Group plc is a retail company that operates various retail stores. Revenue has grown at a CAGR of 1%, reflecting a difficult period of trading. Margins have declined, with both factors impacted by greater competition. We see...

MAKSY - Marks and Spencer: High-Yield In The Retail Industry Given Balanced Risks In Recession Year

Summary Marks and Spencer has a strong market position in the consolidated non-cyclical industry. M&S generated around £1 bln in FCF in 2022 and is expected to be cash-positive in the near future. The company is on the way to gradual deleveraging. From 2019 FY total debt wa...

MAKSY - Marks and Spencer Group: Too Speculative To Buy

Summary British retailer Marks and Spencer Group plc saw a big uptick in price recently following its Christmas trading update. While its growth is strong, its profits are wanting. High inflation has impacted Marks and Spencer's operating profit in the recent past, and going by the comp...

MAKSY - Marks and Spencer Group plc (MAKSF) Q2 2022 Earnings Call Transcript

Marks and Spencer Group plc (MAKSF) Q2 2022 Earnings Conference Call November 9, 2022 2:30 AM ET Company Participants Archie Norman - Chairman Stuart Machin - Chief Executive Eoin Tonge - Group Chief Financial Officer and Chief Strategy Officer Katie Bickerst...

MAKSY - Marks and Spencer Group plc 2022 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Marks and Spencer Group plc in conjunction with their 2022 Q2 earnings call. For further details see: Marks and Spencer Group plc 2022 Q2 - Results - Earnings Call Presentation

MAKSY - Marks & Spencer raises employee pay amid inflationary pressures

British retail giant Marks & Spencer ( OTCQX:MAKSY ) announced that it is again hiking pay for employees to contend with increased living costs in its home market. As of October 1, the company plans to increase wages for workers to a minimum of £10.20. Additiona...

MAKSY - Marks And Spencer: Why I Remain Bearish

Marks and Spencer is seeing improvement in its business, notably in food. But I think its business proposition has a limited runway and is a shadow of its former glory. The share price has soared but I remain bearish on the name. For further details see: Marks And Spence...

MAKSY - Under New Transformations, Marks & Spencer Will Most Likely Recover

M&S offers its own label businesses, including Food, Clothing & Home, in the United Kingdom and overseas. Even after taking into account the EU border costs and the lockdown and restrictions in India, M&S stores and marketplaces reported revenue growth. I expect that t...

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