Food figures boost M&S sales

Marks & Spencer reported a quarterly sales rise of 3.1%, which it said was its strongest in two years. There was a 4% rise in food sales compared to the same period last year but general merchandise, including clothing, fell by 3.8%.

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Marks and Spencer food sales rise 4%

Marks and Spencer Group's quarterly trading statement showed that while its like-for-like UK food sales had risen by 4%, its general merchandise trading fell by almost as much:

  • Group sales: +3.1%
  • Total UK sales: +2.6%; Food: +6.3%; General merchandise: -2.2%
  • Like for like UK sales: +0.6%; Food: +4.0%; General merchandise: -3.8%
  • Multi-channel sales: +22.9%
  • International sales: +7.0%

Food performance pushes M&S sales up 3.1%

M&S's quarterly growth was thanks to better than expected food sales. Credit: PA

Marks and Spencer group reported a quarterly group sales rise of 3.1% today, which it said was its strongest sales growth in the last two years.

“We delivered an excellent result in Food, with performance well ahead of the market, as customers continued to trust us for provenance and quality. We are increasingly seen as the destination shop for special occasions," said Marc Bolland, chief executive.

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