Marks and Spencer Group (MKS) 주식 개요마크스 앤 스펜서 그룹은 다양한 소매점을 운영하고 있습니다. 자세히 보기MKS 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장3/6과거 실적1/6재무 건전성4/6배당0/6강점공정 가치 추정치보다 낮은 47.2% 에서 거래수익은 매년 16.09% 증가할 것으로 예상됩니다.위험 분석재무 결과에 영향을 미치는 대규모 일회성 항목이익 마진 (1.5%)이 지난해 (2.1%)보다 낮습니다.모든 위험 점검 보기MKS Community Fair Values Create NarrativeSee what 108 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN7.2% undervaluedAnalystConsensusTarget•1mo agoMKS: Execution Risks And Cyber Disruption Will Shape Market Momentum Ahead465068Top Analyst NarrativesMarks and Spencer GroupANAnalystConsensusTargetBased on Analyst Price TargetsMKS: Execution Risks And Cyber Disruption Will Shape Market Momentum AheadMarks & Spencer is betting on a bigger, better-located store network and a smoother online shopping experience to bring in more customers and lift profits. But uneven results overseas, higher online costs, and slow upgrades could eat into those gains and keep progress bumpy.View narrativeUK£4.31FV7.2% 저평가 내재 할인율6.31%Revenue growth p.a.Set Fair ValueView465users have viewed this narrative0users have liked this narrative0users have commented on this narrative68users have followed this narrativeabout 1 month ago author updated this narrativeView all narrativesMarks and Spencer Group plc 경쟁사J SainsburySymbol: LSE:SBRYMarket cap: UK£7.6bTescoSymbol: LSE:TSCOMarket cap: UK£30.1bCake Box HoldingsSymbol: AIM:CBOXMarket cap: UK£88.0mMaplebearSymbol: NasdaqGS:CARTMarket cap: US$10.4b가격 이력 및 성과Marks and Spencer Group 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가UK£4.0052주 최고가UK£4.1252주 최저가UK£3.01베타1.011개월 변동5.65%3개월 변동23.08%1년 변동16.21%3년 변동93.05%5년 변동191.01%IPO 이후 변동6.52%최근 뉴스 및 업데이트Recent Insider Transactions Derivative • Jul 12CEO & Director exercised options and sold UK£2.1m worth of stockOn the 8th of July, Stuart Machin exercised 1.19m options at around UK£0.01, then sold 560k of the shares acquired at an average of UK£3.84 per share and kept the remainder. For the year to April 2023, Stuart's total compensation was 22% salary and 78% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Stuart currently holds less than 1% of total shares outstanding. Company insiders have collectively sold UK£6.0m more than they bought, via options and on-market transactions in the last 12 months.공고 • Jul 11MARKS AND SPENCER GROUP P.L.C. Announces Termination of Cheryl Yvonne Hood as Director, Effective July 7, 2026MARKS AND SPENCER GROUP P.L.C. announced the termination of Cheryl Yvonne Hood as director of the company effective July 7, 2026.Board Change • Jul 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Senior Independent Director Fiona Dawson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.내러티브 업데이트 • Jun 25MKS: Ecosystem War Positioning And Execution Will Drive Future UpsideThe analyst price target for Marks and Spencer Group has been adjusted to align with a blended view of recent Street research, which includes a reduced target of £3.90 and new initiations around £4.39 to £4.40. Analysts are balancing a slightly higher implied future P/E with modest tweaks to discount rate, revenue growth and profit margin assumptions.내러티브 업데이트 • Jun 09MKS: Ecosystem Positioning And Execution Will Support Future Upside PotentialAnalysts have nudged the fair value estimate for Marks and Spencer Group slightly higher to £4.27, while recent Street price targets have eased. This includes a £20 cut at Citi to £3.90, partly offset by new Overweight and Outperform initiations around £4.39 to £4.40 that highlight differing views on the stock's recovery potential.공고 • Jun 02Marks and Spencer Group plc, Annual General Meeting, Jul 07, 2026Marks and Spencer Group plc, Annual General Meeting, Jul 07, 2026. Location: waterside house, 35 north wharf road, w2 1nw, london United Kingdom더 많은 업데이트 보기Recent updatesRecent Insider Transactions Derivative • Jul 12CEO & Director exercised options and sold UK£2.1m worth of stockOn the 8th of July, Stuart Machin exercised 1.19m options at around UK£0.01, then sold 560k of the shares acquired at an average of UK£3.84 per share and kept the remainder. For the year to April 2023, Stuart's total compensation was 22% salary and 78% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Stuart currently holds less than 1% of total shares outstanding. Company insiders have collectively sold UK£6.0m more than they bought, via options and on-market transactions in the last 12 months.공고 • Jul 11MARKS AND SPENCER GROUP P.L.C. Announces Termination of Cheryl Yvonne Hood as Director, Effective July 7, 2026MARKS AND SPENCER GROUP P.L.C. announced the termination of Cheryl Yvonne Hood as director of the company effective July 7, 2026.Board Change • Jul 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Senior Independent Director Fiona Dawson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.내러티브 업데이트 • Jun 25MKS: Ecosystem War Positioning And Execution Will Drive Future UpsideThe analyst price target for Marks and Spencer Group has been adjusted to align with a blended view of recent Street research, which includes a reduced target of £3.90 and new initiations around £4.39 to £4.40. Analysts are balancing a slightly higher implied future P/E with modest tweaks to discount rate, revenue growth and profit margin assumptions.내러티브 업데이트 • Jun 09MKS: Ecosystem Positioning And Execution Will Support Future Upside PotentialAnalysts have nudged the fair value estimate for Marks and Spencer Group slightly higher to £4.27, while recent Street price targets have eased. This includes a £20 cut at Citi to £3.90, partly offset by new Overweight and Outperform initiations around £4.39 to £4.40 that highlight differing views on the stock's recovery potential.공고 • Jun 02Marks and Spencer Group plc, Annual General Meeting, Jul 07, 2026Marks and Spencer Group plc, Annual General Meeting, Jul 07, 2026. Location: waterside house, 35 north wharf road, w2 1nw, london United Kingdom공고 • Jun 01+ 2 more updatesMarks and Spencer Group plc to Report Fiscal Year 2027 Results on May 26, 2027Marks and Spencer Group plc announced that they will report fiscal year 2027 results on May 26, 2027분석 기사 • May 28Marks and Spencer Group's (LON:MKS) Soft Earnings Are Actually Better Than They AppearMarks and Spencer Group plc's ( LON:MKS ) stock was strong despite it releasing a soft earnings report last week. We...Declared Dividend • May 22Final dividend increased to UK£0.03Dividend of UK£0.03 is 15% higher than last year. Ex-date: 4th June 2026 Payment date: 10th July 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.8%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 15%.공고 • May 22+ 1 more updateMarks and Spencer Group plc Announces Non-Executive Director, Cheryl Potter Standing Down From the Board, Effective July 7, 2026Marks and Spencer Group plc announces that Cheryl Potter is standing down from the Board with effect from July 7, 2026. She will therefore not be seeking re-election at the forthcoming AGM. Cheryl has served as a Non-Executive Director at Marks and Spencer Group plc since March 1, 2023.Reported Earnings • May 21Full year 2026 earnings released: EPS: UK£0.13 (vs UK£0.15 in FY 2025)Full year 2026 results: EPS: UK£0.13 (down from UK£0.15 in FY 2025). Revenue: UK£17.3b (up 25% from FY 2025). Net income: UK£259.4m (down 12% from FY 2025). Profit margin: 1.5% (down from 2.1% in FY 2025). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.내러티브 업데이트 • Mar 18MKS: Refined Cash Flow Assumptions Will Support Future Upside From Tight RangeAnalysts have nudged their fair value assumptions only slightly while trimming the average price target on Marks and Spencer Group to around £4.35 to £4.15, reflecting small tweaks to discount rate, revenue growth and profit margin assumptions in recent Citi and Berenberg research. Analyst Commentary Bullish Takeaways Bullish analysts highlight that recent price targets in the £4.15 to £4.35 range still sit meaningfully above current fair value assumptions, which they see as compatible with an appealing risk reward profile.공고 • Mar 12Marks and Spencer Group plc Appoints Gillian Anderson as First Chief Compliments OfficerOn 10 March, 2026, M&S’s CEO Stuart Machin named Gillian Anderson as its first chief compliments officer, as part of the next phase of its ‘Love That’ concept. In her new role, Anderson encourages people to make compliments part of their everyday.내러티브 업데이트 • Mar 04MKS: Refined P/E Assumptions Will Shape Upside From Tight Price RangeAnalysts have slightly lifted their fair value estimate and P/E assumptions for Marks and Spencer Group, resulting in a modest upward shift in their narrative price target. Recent Street research has nudged individual targets to £4.35 and £4.15, with the moves framed around valuation support at current levels.Recent Insider Transactions • Feb 18CEO & Director recently sold UK£606k worth of stockOn the 17th of February, Stuart Machin sold around 150k shares on-market at roughly UK£4.04 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Stuart's only on-market trade for the last 12 months.내러티브 업데이트 • Feb 18MKS: Refined Fair Value And Tight Price Range Will Shape Return PotentialNarrative Update The updated analyst price target for Marks and Spencer Group shifts to £4.25 from £4.12, with analysts pointing to refined fair value assumptions, a slightly higher discount rate, modestly adjusted revenue growth and margin inputs, and Street price targets clustered around £4.15 to £4.35 as key drivers of the change. Analyst Commentary Recent Street research on Marks and Spencer Group points to a relatively tight range of price targets around £4.15 to £4.35, with some modest adjustments to existing views rather than wholesale changes in sentiment.공고 • Jan 16Marks and Spencer Group plc to Report Fiscal Year 2026 Results on May 20, 2026Marks and Spencer Group plc announced that they will report fiscal year 2026 results on May 20, 2026분석 기사 • Jan 14Marks and Spencer Group (LON:MKS) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...내러티브 업데이트 • Jan 12MKS: Execution Risks Will Set Up A More Compelling Entry PointNarrative Update Overview The analyst price target for Marks and Spencer Group has been adjusted slightly higher to £4.15, from £4.12, as analysts factor in updated assumptions on revenue growth, margins and P/E multiples, alongside recent research that highlights valuation support and renewed focus on execution risks. Analyst Commentary Recent research on Marks and Spencer Group highlights a mix of optimism on valuation and caution around execution, particularly following the recent cyber disruption.Board Change • Dec 04Less than half of directors are independentFollowing Non-Executive Director Roger Burnley's arrival on 01 December 2025, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Cheryl Potter was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.내러티브 업데이트 • Nov 29MKS: Revenue Momentum and Entry Point Will Support Future UpsideMarks and Spencer Group's analyst price targets have increased modestly, with recent adjustments reflecting both optimism about the company's improved revenue growth outlook and concerns over rising execution risks. As a result, most targets now range between 400 GBp and 440 GBp. Analyst Commentary Recent research updates on Marks and Spencer Group have highlighted a mix of optimism and caution among market participants.Upcoming Dividend • Nov 21Upcoming dividend of UK£0.012 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 09 January 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.1%).공고 • Nov 19Marks & Spencer Launches Re:Spark to Ignite Renewable Electricity Adoption Across Its Supply ChainMarks & Spencer announced the launch of RE:Spark, a new supply chain decarbonization programme developed in partnership with Schneider Electric. The announcement was unveiled at Schneider Electric's Innovation Summit North America in Las Vegas, convening more than 2,500 business leaders and market innovators to accelerate practical solutions for a more resilient, affordable and intelligent energy future. The initiative has been designed to accelerate the adoption of renewable electricity across M&S's global supply chain and is a key part of the retailer's Plan A sustainability strategy which aims to achieve net zero emissions across its value chain by 2040. RE:Spark reflects M&S's commitment to look beyond its own operations and spark change across its supply chain. Through the RE:Spark programme, M&S will: Launch a digital hub, powered by Schneider Electric's Zeigo Hub, offering a centralized portal to host the program. With Zeigo Hub, suppliers can submit emissions data, track decarbonization efforts, and understand recommended carbon reduction action through specialized learning resources. Host regional market briefs and webinars to educate suppliers on renewable electricity procurement in five key regions: Vietnam, Turkey, India, China, and Bangladesh. Provide strategic advisory services to help suppliers assess and implement clean energy solutions, including onite solar, energy attribute certificates, green tariffs, and power purchase agreements (PPAs). Enable suppliers to aggregate demand for Power Purchase Agreements (PPAs), allowing smaller suppliers to participate in multi-buyer cohorts and access renewable electricity at scale. The programme will initially focus on high-impact regions within M&S's fashion supply chain, with plans to expand over the next three years. RE:Spark builds on M&S's work to improve environmental performance in its manufacturing as well as recent circularity milestones, including the launch of Another Life - M&S's platform for activating circularity in Fashion, Home & Beauty - which brings together initiatives across Rewear, Repair, Recycle and Resale. For more than 140 years, M&S has built trust by doing the right thing by its colleagues, customers and the communities. Underpinning this commitment is Plan A - M&S' ESG strategy - a promise to always source and make products with care. Plan A is also an integral enabler of M&S' strategy to reshape for sustainable, profitable growth and to become a net zero business across its value chain by 20 40.공고 • Nov 17Marks and Spencer Group plc Announces Step Down of Ronan Dunne from the Board, Effective 1 December 2025Marks and Spencer Group plc announced that Ronan Dunne is standing down from the Board, effective from 1 December 2025.내러티브 업데이트 • Nov 15MKS: Improved Business Momentum Will Drive Long-Term Share PerformanceMarks and Spencer Group's analyst price target has been modestly raised from £4.06 to £4.12 per share, as analysts cite the company's improved fair value outlook despite softer revenue growth forecasts and higher execution risks. Analyst Commentary Analysts have recently updated their views on Marks and Spencer Group, highlighting both strengths and potential headwinds for the retailer as it navigates a dynamic market environment.공고 • Nov 12Marks and Spencer Group plc Appoints Sean Doyle to the Board as a Non-Executive Director and to the Audit & Risk and Nomination Committees, Effective from 1 December 2025Marks and Spencer Group plc announced that Sean Doyle, Chairman & Chief Executive Officer of British Airways, will join the Board as a Non-Executive Director effective from 1 December 2025. Sean is a practising chief executive and an outstanding business leader in the complex and challenging airline industry. He also represents an iconic British brand with extraordinary public exposure. His appointment follows the announcement that Roger Burnley, former CEO of Asda, will also join the Board on 1 December and that Archie Norman's tenure as Chair will be extended. This renewal is part of a broader programme to refresh the Board as M&S embarks on the next phase of the Reshaping for Growth strategy. Sean will join the Audit & Risk and Nomination Committees at the same time as joining the Board.분석 기사 • Nov 12Market Participants Recognise Marks and Spencer Group plc's (LON:MKS) RevenuesThere wouldn't be many who think Marks and Spencer Group plc's ( LON:MKS ) price-to-sales (or "P/S") ratio of 0.5x is...Declared Dividend • Nov 07First half dividend increased to UK£0.012Dividend of UK£0.012 is 20% higher than last year. Ex-date: 27th November 2025 Payment date: 9th January 2026 Dividend yield will be 1.0%, which is lower than the industry average of 3.8%. Payout Ratios Payout ratio: 389%. Cash payout ratio: 12%.New Risk • Nov 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 58% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).Reported Earnings • Nov 06First half 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst half 2026 results: EPS: UK£0.003 (down from UK£0.14 in 1H 2025). Revenue: UK£7.94b (up 23% from 1H 2025). Net income: UK£6.20m (down 98% from 1H 2025). Profit margin: 0.1% (down from 4.4% in 1H 2025). Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) missed analyst estimates by 80%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.Major Estimate Revision • Nov 05Consensus revenue estimates increase by 22%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from UK£14.3b to UK£17.4b. EPS estimate unchanged from UK£0.22 at last update. Consumer Retailing industry in the United Kingdom expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at UK£4.16. Share price fell 5.2% to UK£3.85 over the past week.공고 • Nov 05Marks and Spencer Group plc Announces Interim Dividend, Payable on 9 January 2026Marks and Spencer Group plc announced an interim dividend of 1.2 pence per share has been declared and will be payable on 9 January 2026 to shareholders on the register of members as at close of business on 28 November 2025. The ordinary shares will be quoted ex dividend on 27 November 2025.내러티브 업데이트 • Oct 31MKS: Execution Risks And Cyber Disruption Will Shape Market Momentum AheadAnalysts have slightly reduced their average price target for Marks and Spencer Group, lowering it by £0.03 to £4.16. They weigh recent execution risks and shifting momentum following both upgrades and downgrades from major firms.공고 • Oct 30Marks and Spencer Group plc Appoints Roger Burnley as Non-Executive Director, Audit & Risk and Nomination Committees, Effective December 1, 2025Marks and Spencer Group plc ("M&S") announced that Roger Burnley CBE will join the Board as a Non-Executive Director effective from 1 December 2025. Roger is the former CEO and COO of Asda and, prior to that, Retail & Operations Director at J Sainsbury's. He is currently a Non-Executive Director at Pets at Home Group plc. Roger will join the Audit & Risk and Nomination Committees at the same time as joining the Board. M&S confirms there is no further information required to be disclosed in accordance with UK Listing Rule 6.4.8(R).분석 기사 • Oct 09Is Now The Time To Look At Buying Marks and Spencer Group plc (LON:MKS)?Marks and Spencer Group plc ( LON:MKS ) saw a double-digit share price rise of over 10% in the past couple of months on...분석 기사 • Sep 24Here's Why Marks and Spencer Group (LON:MKS) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...공고 • Aug 21Marks and Spencer Group plc Announces Justin King, Non-Executive Director's Intention to Step Down, with Effect from 10 September 2025Marks and Spencer Group plc announced that Justin King, Non-Executive Director, has informed the Board of his intention to step down with effect from 10 September 2025. Justin has made a truly significant contribution to M&S, having served on the Board twice, as a NED since January 2019 and, prior to that, as Head of Food between 2001 and 2004.분석 기사 • Aug 14Marks and Spencer Group plc (LON:MKS) Not Lagging Market On Growth Or PricingLSE:MKS 1 Year Share Price vs Fair Value Explore Marks and Spencer Group's Fair Values from the Community and select...분석 기사 • Jul 31Marks and Spencer Group (LON:MKS) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Recent Insider Transactions Derivative • Jul 22CEO & Director exercised options and sold UK£2.8m worth of stockOn the 17th of July, Stuart Machin exercised 1.73m options at around UK£0.01, then sold 834k of the shares acquired at an average of UK£3.33 per share and kept the remainder. For the year to April 2023, Stuart's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Stuart's direct individual holding has increased from 1.21m shares to 1.43m. Company insiders have collectively sold UK£2.7m more than they bought, via options and on-market transactions in the last 12 months.공고 • Jul 06M&S Announces Change of DirectorsOn July 5, 2025, M&S has appointed Andrew Hicks as food marketing director, replacing Sharry Cramond, who is now leading marketing for the fashion, home and beauty division. Hicks is joining from Woolworths Group in Australia, where he chief marketing officer for seven years. He will report to M&S Food MD Alex Freudmann, whom he previously worked alongside. Hicks has more than years of marketing experience across Australia and South Africa, ing as marketing director for Woolworths Andrew Hicks joins He is due to start September. M&S said his experience and insight complemented the food leadership team's performance culture. It would further drive M&S towards its position to be a shopping Woolworths Group in Australia perceptions, and being number one for It said he was one a series of new hires as M&S "continues raise the bar on talent and accelerate transformation". Cramond's move lows the appointment earlier this year. Hicks has been ing out the right team accelerate transformation, according to Other new members include James Mugford who is leading M&S Beauty, and David who is leading on chain. Kevin Bennett will take up his previously announced role as Food logistics director - Gist CEO on 7 July. M&S said Bennett had been fundamental in kicking of its supply chain and tics transformation Fashion, Home & He would now focus delivering the plan of modernise the food.공고 • Jun 03Marks and Spencer Group plc, Annual General Meeting, Jul 01, 2025Marks and Spencer Group plc, Annual General Meeting, Jul 01, 2025. Location: waterside house, 35 north wharf road, w2 1nw, london United KingdomDeclared Dividend • May 23Final dividend increased to UK£0.026Dividend of UK£0.026 is 30% higher than last year. Ex-date: 29th May 2025 Payment date: 4th July 2025 Dividend yield will be 1.0%, which is lower than the industry average of 3.8%. Payout Ratios Payout ratio: 25%. Cash payout ratio: 9%.Reported Earnings • May 22Full year 2025 earnings released: EPS: UK£0.15 (vs UK£0.22 in FY 2024)Full year 2025 results: EPS: UK£0.15 (down from UK£0.22 in FY 2024). Revenue: UK£13.8b (up 6.0% from FY 2024). Net income: UK£295.7m (down 31% from FY 2024). Profit margin: 2.1% (down from 3.3% in FY 2024). Like-for-like sales growth: 8.6% vs FY 2024 Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.공고 • May 21Marks and Spencer Group plc Approves Final Dividend, Payable on 4 July 2025The directors of Marks and Spencer Group plc have approved a final dividend of 2.6 pence per share (last year: 2.0 pence per share), which, in line with the requirements of IAS 10 Events after the Reporting Period, has not been recognised within these results. This final dividend of c.£53.4 million (last year: £40.2 million) will be paid on 4 July 2025 to shareholders whose names are on the Register of Members at the close of business on 30 May 2025. The ordinary shares will be quoted ex-dividend on 29 May 2025.공고 • Feb 19Marks & Spencer Appoints Global Leadership TeamMarks & Spencer has announced three senior appointments to its global leadership team as it seeks to reset its international business and bolster its future growth plans. The retailer has recruited Pepe Jeans managing director and CEO for India operations Manish Kapoor to lead its India business as managing director from April 2025. Before joining Pepe Jeans, Kapoor served as chief operating officer at French Connection in India from 2012 to 2014, where he reset the company's strategy, transforming it into a "profitable menswear brand. Victoria Jones, who is joining M&S from Clarks, has stepped into the role of international commercial director. At Clarks, Jones led global strategy for end-to-end planning, trading, assortment and delivery for three years. In her new role, she will oversee M&S product strategy for clothing and food. Her main focus is to ensure that the right products are available for customers, in the right place, at the right time, while leveraging the strengths of the UK market. Richard Davies has been promoted from his former role as the head of the M&S brands category to international partnerships director. Davies began his career at M&S in 2011 as a regional manager for the UK's southeast. He later transitioned to the Support Centre, where he held various roles within the Clothing & Home department. In 2021, he was promoted to head of category for brands at M&S, where he developed the UK third-party brand strategy, leading to partnerships with more than 100 brands. He will now be responsible for the integration of the franchise and wholesale selling models into one cohesive strategy. All the three new hires will report to M&S international managing director Mark Lemming, who took on the role in 2024 and has announced a reset of priorities for its international business. Lemming's focus is on resetting the international business by establishing solid foundations for growth through "capital light partnerships" and an online platform. This reset will allow M&S to utilise its UK business expertise and brand reputation to expand its global presence.공고 • Jan 17Marks and Spencer Group plc to Report First Half, 2026 Results on Nov 05, 2025Marks and Spencer Group plc announced that they will report first half, 2026 results on Nov 05, 2025Price Target Changed • Dec 10Price target increased by 8.3% to UK£4.32Up from UK£3.99, the current price target is an average from 17 analysts. New target price is 11% above last closing price of UK£3.91. Stock is up 49% over the past year. The company is forecast to post earnings per share of UK£0.27 for next year compared to UK£0.22 last year.새로운 내러티브 • Nov 25Digital Transformations And Decisive Expansions Set The Stage For Revenue Growth Strategic store expansion and digital investment could boost revenue through improved retail presence and increased online sales. 공고 • Nov 25Marks and Spencer Group plc to Report Fiscal Year 2025 Results on May 21, 2025Marks and Spencer Group plc announced that they will report fiscal year 2025 results on May 21, 2025Upcoming Dividend • Nov 22Upcoming dividend of UK£0.01 per shareEligible shareholders must have bought the stock before 28 November 2024. Payment date: 10 January 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (3.3%).Buy Or Sell Opportunity • Nov 08Now 22% undervaluedOver the last 90 days, the stock has risen 17% to UK£3.75. The fair value is estimated to be UK£4.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 4.0% per annum over the same time period.Reported Earnings • Nov 07First half 2025 earnings released: EPS: UK£0.14 (vs UK£0.11 in 1H 2024)First half 2025 results: EPS: UK£0.14 (up from UK£0.11 in 1H 2024). Revenue: UK£6.48b (up 5.7% from 1H 2024). Net income: UK£282.1m (up 36% from 1H 2024). Profit margin: 4.4% (up from 3.4% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공고 • Sep 26Marks and Spencer Group plc Appoints Fiona Dawson as Senior Independent DirectorMarks and Spencer Group plc confirmed that Fiona Dawson, Non-Executive Director of the Board since May 2021, has been appointed as Senior Independent Director with immediate effect. Fiona will continue as Chair of the Remuneration Committee.공고 • Aug 09Marks and Spencer Group plc Provides Update on Appointment of Alison Dolan as CFO, Effective from 6 January 2025Further to the announcement of Alison Dolan's appointment as Chief Financial Officer made on 29 May 2024, Marks and Spencer Group plc confirms Alison will join the Board as CFO with effect from 6 January 2025.공고 • Jul 04Marks and Spencer Group plc Appoints Fiona Dawson as Chair of the Remuneration CommitteePursuant to Listing Rule 9.6.11 (3), Marks and Spencer Group plc confirmed that Fiona Dawson was appointed as Chair of the Company's Remuneration Committee with effect from 2 July 2024.Reported Earnings • Jun 05Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: UK£0.22 (up from UK£0.18 in FY 2023). Revenue: UK£13.0b (up 9.3% from FY 2023). Net income: UK£431.2m (up 19% from FY 2023). Profit margin: 3.3% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.공고 • Jun 05Marks and Spencer Group plc, Annual General Meeting, Jul 02, 2024Marks and Spencer Group plc, Annual General Meeting, Jul 02, 2024. Location: waterside house, 35 north wharf road, w2 1nw, london United Kingdom공고 • May 30Marks and Spencer Group plc Announces Chief Financial Officer Changes, Effective from May 2025Marks and Spencer Group plc announced Alison Dolan will join the Board as Chief Financial Officer. Alison will take over from interim CFO Jeremy Townsend who will remain in post as planned until May 2025. An exact start date for Alison will be announced in due course. Alison brings a wealth of experience from her current role as CFO of the leading digital property portal, Rightmove plc, and from previous finance, strategy, and transformation roles, including with News UK and Sky. Alison Dolan Career Highlights: Chief Financial Officer, Rightmove plc (September 2020 - current); Chief Strategy Officer, News UK (December 2016 - May 2020); Deputy Managing Director, Sky Business; British Sky Broadcasting plc; (March 2012 - November 2016); Group Treasurer, British Sky Broadcasting plc; (Jan 2002 - March 2012); Finance Director - Sky Technology; (May 2010 - Feb. 2012); Finance Director - Sky Business; (May 2009 - Feb. 2012). Alison is also a Non-Executive Director on the Board of Pearson plc and a member of the Audit and Remuneration Committees. Jeremy Townsend was appointed Interim CFO on 22 November 2022 and will remain in post as planned until May 2025.Major Estimate Revision • May 28Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.252 to UK£0.278. Revenue forecast steady at UK£13.5b. Net income forecast to grow 23% next year vs 23% growth forecast for Consumer Retailing industry in the United Kingdom. Consensus price target up from UK£3.10 to UK£3.20. Share price rose 9.3% to UK£2.99 over the past week.공고 • May 19Marks and Spencer Group plc to Report First Half, 2025 Results on Nov 06, 2024Marks and Spencer Group plc announced that they will report first half, 2025 results on Nov 06, 2024New Risk • Mar 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.공고 • Mar 08Marks and Spencer Group PLC Announces the Retirement of Katie Bickerstaffe as Co-Chief Executive Officer After the AGM in July 2024Marks and Spencer Group PLC announced that Katie Bickerstaffe will retire from M&S after the AGM in July 2024 to pursue her board career. Katie served as a Non-Executive Director and Co-Chief Operating Officer of M&S prior to being appointed Co-CEO, reporting into Chief Executive Officer Stuart Machin, in March 2022. Having helped see through that leadership change, the strengthening of the management team and a marked improvement in the performance of the business, she will move on to take other board roles in line with the original transition plan. Katie Bickerstaffe joined M&S as a Non-Executive Director in 2018 and moved into an executive role in 2020, becoming co-Chief Operating Officer alongside Stuart Machin in 2021. In May 2022 Stuart took over as Chief Executive Officer and Katie became co-Chief Executive Officer.New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.공고 • Jan 26Marks and Spencer Group plc Announces Executive ChangesMarks and Spencer Group plc announced that Rachel Higham has been appointed as the new M&S chief digital and technology officer, taking a seat on the company's executive committee after moving from WPP. The hire comes as M&S looks to build out its technology capabilities. M&S is aiming to collect more data on its customers so it can give them a better personalised app experience. Tesco and Sainsbury's have already achieved success doing this by monitoring customers' shopping habits to help tailor individual loyalty card offers. The appointment of a new chief digital officer was announced alongside news that Mark Lemming had been promoted to managing director of the M&S international division.Major Estimate Revision • Jan 18Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from UK£0.195 to UK£0.217. Revenue forecast steady at UK£13.0b. Net income forecast to grow 15% next year vs 44% growth forecast for Consumer Retailing industry in the United Kingdom. Consensus price target up from UK£2.82 to UK£2.92. Share price fell 3.7% to UK£2.54 over the past week.Reported Earnings • Nov 09First half 2024 earnings released: EPS: UK£0.11 (vs UK£0.085 in 1H 2023)First half 2024 results: EPS: UK£0.11 (up from UK£0.085 in 1H 2023). Revenue: UK£6.13b (up 11% from 1H 2023). Net income: UK£208.0m (up 25% from 1H 2023). Profit margin: 3.4% (up from 3.0% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.공고 • Nov 09Marks and Spencer Group plc Announces Interim Dividend, Payable on 12 January 2024Marks and Spencer Group plc announced an interim dividend of 1.00 pence per share. This will be paid on 12 January 2024 to shareholders on the register of members as at close of business on 17 November 2023.주주 수익률MKSGB Consumer RetailingGB 시장7D0.4%1.0%2.3%1Y16.2%10.7%18.1%전체 주주 수익률 보기수익률 대 산업: MKS은 지난 1년 동안 10.7%의 수익을 기록한 UK Consumer Retailing 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: MKS은 지난 1년 동안 18.1%를 기록한 UK 시장보다 저조한 성과를 냈습니다.주가 변동성Is MKS's price volatile compared to industry and market?MKS volatilityMKS Average Weekly Movement5.0%Consumer Retailing Industry Average Movement3.5%Market Average Movement5.1%10% most volatile stocks in GB Market10.5%10% least volatile stocks in GB Market2.7%안정적인 주가: MKS는 지난 3개월 동안 UK 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: MKS의 주간 변동성(5%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트188451,405Stuart Machincorporate.marksandspencer.com마크스 앤 스펜서 그룹은 다양한 소매점을 운영하고 있습니다. 패션, 홈 & 뷰티, 식품, 인터내셔널, 오카도 부문을 통해 사업을 운영하고 있습니다. 이 회사는 여성복, 남성복, 란제리, 아동복, 미용 및 가정용품을 영국과 ROI, 소매점 및 온라인을 통해 제공합니다.더 보기Marks and Spencer Group plc 기초 지표 요약Marks and Spencer Group의 순이익과 매출은 시가총액과 어떻게 비교됩니까?MKS 기초 통계시가총액UK£8.11b순이익 (TTM)UK£259.40m매출 (TTM)UK£17.27b31.9x주가수익비율(P/E)0.5x주가매출비율(P/S)MKS는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표MKS 손익계산서 (TTM)매출UK£17.27b매출원가UK£11.96b총이익UK£5.31b기타 비용UK£5.05b순이익UK£259.40m최근 보고된 실적Mar 28, 2026다음 실적 발표일Nov 04, 2026주당순이익(EPS)0.13총이익률30.76%순이익률1.50%부채/자본 비율21.0%MKS의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당1.1%현재 배당 수익률33%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/28 19:33종가2026/07/28 00:00수익2026/03/28연간 수익2026/03/28데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Marks and Spencer Group plc는 33명의 분석가가 다루고 있습니다. 이 중 14명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Karen HowlandBarclaysMatthew ClementsBarclaysJames AnsteadBarclays30명의 분석가 더 보기
Recent Insider Transactions Derivative • Jul 12CEO & Director exercised options and sold UK£2.1m worth of stockOn the 8th of July, Stuart Machin exercised 1.19m options at around UK£0.01, then sold 560k of the shares acquired at an average of UK£3.84 per share and kept the remainder. For the year to April 2023, Stuart's total compensation was 22% salary and 78% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Stuart currently holds less than 1% of total shares outstanding. Company insiders have collectively sold UK£6.0m more than they bought, via options and on-market transactions in the last 12 months.
공고 • Jul 11MARKS AND SPENCER GROUP P.L.C. Announces Termination of Cheryl Yvonne Hood as Director, Effective July 7, 2026MARKS AND SPENCER GROUP P.L.C. announced the termination of Cheryl Yvonne Hood as director of the company effective July 7, 2026.
Board Change • Jul 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Senior Independent Director Fiona Dawson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
내러티브 업데이트 • Jun 25MKS: Ecosystem War Positioning And Execution Will Drive Future UpsideThe analyst price target for Marks and Spencer Group has been adjusted to align with a blended view of recent Street research, which includes a reduced target of £3.90 and new initiations around £4.39 to £4.40. Analysts are balancing a slightly higher implied future P/E with modest tweaks to discount rate, revenue growth and profit margin assumptions.
내러티브 업데이트 • Jun 09MKS: Ecosystem Positioning And Execution Will Support Future Upside PotentialAnalysts have nudged the fair value estimate for Marks and Spencer Group slightly higher to £4.27, while recent Street price targets have eased. This includes a £20 cut at Citi to £3.90, partly offset by new Overweight and Outperform initiations around £4.39 to £4.40 that highlight differing views on the stock's recovery potential.
공고 • Jun 02Marks and Spencer Group plc, Annual General Meeting, Jul 07, 2026Marks and Spencer Group plc, Annual General Meeting, Jul 07, 2026. Location: waterside house, 35 north wharf road, w2 1nw, london United Kingdom
Recent Insider Transactions Derivative • Jul 12CEO & Director exercised options and sold UK£2.1m worth of stockOn the 8th of July, Stuart Machin exercised 1.19m options at around UK£0.01, then sold 560k of the shares acquired at an average of UK£3.84 per share and kept the remainder. For the year to April 2023, Stuart's total compensation was 22% salary and 78% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Stuart currently holds less than 1% of total shares outstanding. Company insiders have collectively sold UK£6.0m more than they bought, via options and on-market transactions in the last 12 months.
공고 • Jul 11MARKS AND SPENCER GROUP P.L.C. Announces Termination of Cheryl Yvonne Hood as Director, Effective July 7, 2026MARKS AND SPENCER GROUP P.L.C. announced the termination of Cheryl Yvonne Hood as director of the company effective July 7, 2026.
Board Change • Jul 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Senior Independent Director Fiona Dawson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
내러티브 업데이트 • Jun 25MKS: Ecosystem War Positioning And Execution Will Drive Future UpsideThe analyst price target for Marks and Spencer Group has been adjusted to align with a blended view of recent Street research, which includes a reduced target of £3.90 and new initiations around £4.39 to £4.40. Analysts are balancing a slightly higher implied future P/E with modest tweaks to discount rate, revenue growth and profit margin assumptions.
내러티브 업데이트 • Jun 09MKS: Ecosystem Positioning And Execution Will Support Future Upside PotentialAnalysts have nudged the fair value estimate for Marks and Spencer Group slightly higher to £4.27, while recent Street price targets have eased. This includes a £20 cut at Citi to £3.90, partly offset by new Overweight and Outperform initiations around £4.39 to £4.40 that highlight differing views on the stock's recovery potential.
공고 • Jun 02Marks and Spencer Group plc, Annual General Meeting, Jul 07, 2026Marks and Spencer Group plc, Annual General Meeting, Jul 07, 2026. Location: waterside house, 35 north wharf road, w2 1nw, london United Kingdom
공고 • Jun 01+ 2 more updatesMarks and Spencer Group plc to Report Fiscal Year 2027 Results on May 26, 2027Marks and Spencer Group plc announced that they will report fiscal year 2027 results on May 26, 2027
분석 기사 • May 28Marks and Spencer Group's (LON:MKS) Soft Earnings Are Actually Better Than They AppearMarks and Spencer Group plc's ( LON:MKS ) stock was strong despite it releasing a soft earnings report last week. We...
Declared Dividend • May 22Final dividend increased to UK£0.03Dividend of UK£0.03 is 15% higher than last year. Ex-date: 4th June 2026 Payment date: 10th July 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.8%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 15%.
공고 • May 22+ 1 more updateMarks and Spencer Group plc Announces Non-Executive Director, Cheryl Potter Standing Down From the Board, Effective July 7, 2026Marks and Spencer Group plc announces that Cheryl Potter is standing down from the Board with effect from July 7, 2026. She will therefore not be seeking re-election at the forthcoming AGM. Cheryl has served as a Non-Executive Director at Marks and Spencer Group plc since March 1, 2023.
Reported Earnings • May 21Full year 2026 earnings released: EPS: UK£0.13 (vs UK£0.15 in FY 2025)Full year 2026 results: EPS: UK£0.13 (down from UK£0.15 in FY 2025). Revenue: UK£17.3b (up 25% from FY 2025). Net income: UK£259.4m (down 12% from FY 2025). Profit margin: 1.5% (down from 2.1% in FY 2025). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
내러티브 업데이트 • Mar 18MKS: Refined Cash Flow Assumptions Will Support Future Upside From Tight RangeAnalysts have nudged their fair value assumptions only slightly while trimming the average price target on Marks and Spencer Group to around £4.35 to £4.15, reflecting small tweaks to discount rate, revenue growth and profit margin assumptions in recent Citi and Berenberg research. Analyst Commentary Bullish Takeaways Bullish analysts highlight that recent price targets in the £4.15 to £4.35 range still sit meaningfully above current fair value assumptions, which they see as compatible with an appealing risk reward profile.
공고 • Mar 12Marks and Spencer Group plc Appoints Gillian Anderson as First Chief Compliments OfficerOn 10 March, 2026, M&S’s CEO Stuart Machin named Gillian Anderson as its first chief compliments officer, as part of the next phase of its ‘Love That’ concept. In her new role, Anderson encourages people to make compliments part of their everyday.
내러티브 업데이트 • Mar 04MKS: Refined P/E Assumptions Will Shape Upside From Tight Price RangeAnalysts have slightly lifted their fair value estimate and P/E assumptions for Marks and Spencer Group, resulting in a modest upward shift in their narrative price target. Recent Street research has nudged individual targets to £4.35 and £4.15, with the moves framed around valuation support at current levels.
Recent Insider Transactions • Feb 18CEO & Director recently sold UK£606k worth of stockOn the 17th of February, Stuart Machin sold around 150k shares on-market at roughly UK£4.04 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Stuart's only on-market trade for the last 12 months.
내러티브 업데이트 • Feb 18MKS: Refined Fair Value And Tight Price Range Will Shape Return PotentialNarrative Update The updated analyst price target for Marks and Spencer Group shifts to £4.25 from £4.12, with analysts pointing to refined fair value assumptions, a slightly higher discount rate, modestly adjusted revenue growth and margin inputs, and Street price targets clustered around £4.15 to £4.35 as key drivers of the change. Analyst Commentary Recent Street research on Marks and Spencer Group points to a relatively tight range of price targets around £4.15 to £4.35, with some modest adjustments to existing views rather than wholesale changes in sentiment.
공고 • Jan 16Marks and Spencer Group plc to Report Fiscal Year 2026 Results on May 20, 2026Marks and Spencer Group plc announced that they will report fiscal year 2026 results on May 20, 2026
분석 기사 • Jan 14Marks and Spencer Group (LON:MKS) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
내러티브 업데이트 • Jan 12MKS: Execution Risks Will Set Up A More Compelling Entry PointNarrative Update Overview The analyst price target for Marks and Spencer Group has been adjusted slightly higher to £4.15, from £4.12, as analysts factor in updated assumptions on revenue growth, margins and P/E multiples, alongside recent research that highlights valuation support and renewed focus on execution risks. Analyst Commentary Recent research on Marks and Spencer Group highlights a mix of optimism on valuation and caution around execution, particularly following the recent cyber disruption.
Board Change • Dec 04Less than half of directors are independentFollowing Non-Executive Director Roger Burnley's arrival on 01 December 2025, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Cheryl Potter was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
내러티브 업데이트 • Nov 29MKS: Revenue Momentum and Entry Point Will Support Future UpsideMarks and Spencer Group's analyst price targets have increased modestly, with recent adjustments reflecting both optimism about the company's improved revenue growth outlook and concerns over rising execution risks. As a result, most targets now range between 400 GBp and 440 GBp. Analyst Commentary Recent research updates on Marks and Spencer Group have highlighted a mix of optimism and caution among market participants.
Upcoming Dividend • Nov 21Upcoming dividend of UK£0.012 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 09 January 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.1%).
공고 • Nov 19Marks & Spencer Launches Re:Spark to Ignite Renewable Electricity Adoption Across Its Supply ChainMarks & Spencer announced the launch of RE:Spark, a new supply chain decarbonization programme developed in partnership with Schneider Electric. The announcement was unveiled at Schneider Electric's Innovation Summit North America in Las Vegas, convening more than 2,500 business leaders and market innovators to accelerate practical solutions for a more resilient, affordable and intelligent energy future. The initiative has been designed to accelerate the adoption of renewable electricity across M&S's global supply chain and is a key part of the retailer's Plan A sustainability strategy which aims to achieve net zero emissions across its value chain by 2040. RE:Spark reflects M&S's commitment to look beyond its own operations and spark change across its supply chain. Through the RE:Spark programme, M&S will: Launch a digital hub, powered by Schneider Electric's Zeigo Hub, offering a centralized portal to host the program. With Zeigo Hub, suppliers can submit emissions data, track decarbonization efforts, and understand recommended carbon reduction action through specialized learning resources. Host regional market briefs and webinars to educate suppliers on renewable electricity procurement in five key regions: Vietnam, Turkey, India, China, and Bangladesh. Provide strategic advisory services to help suppliers assess and implement clean energy solutions, including onite solar, energy attribute certificates, green tariffs, and power purchase agreements (PPAs). Enable suppliers to aggregate demand for Power Purchase Agreements (PPAs), allowing smaller suppliers to participate in multi-buyer cohorts and access renewable electricity at scale. The programme will initially focus on high-impact regions within M&S's fashion supply chain, with plans to expand over the next three years. RE:Spark builds on M&S's work to improve environmental performance in its manufacturing as well as recent circularity milestones, including the launch of Another Life - M&S's platform for activating circularity in Fashion, Home & Beauty - which brings together initiatives across Rewear, Repair, Recycle and Resale. For more than 140 years, M&S has built trust by doing the right thing by its colleagues, customers and the communities. Underpinning this commitment is Plan A - M&S' ESG strategy - a promise to always source and make products with care. Plan A is also an integral enabler of M&S' strategy to reshape for sustainable, profitable growth and to become a net zero business across its value chain by 20 40.
공고 • Nov 17Marks and Spencer Group plc Announces Step Down of Ronan Dunne from the Board, Effective 1 December 2025Marks and Spencer Group plc announced that Ronan Dunne is standing down from the Board, effective from 1 December 2025.
내러티브 업데이트 • Nov 15MKS: Improved Business Momentum Will Drive Long-Term Share PerformanceMarks and Spencer Group's analyst price target has been modestly raised from £4.06 to £4.12 per share, as analysts cite the company's improved fair value outlook despite softer revenue growth forecasts and higher execution risks. Analyst Commentary Analysts have recently updated their views on Marks and Spencer Group, highlighting both strengths and potential headwinds for the retailer as it navigates a dynamic market environment.
공고 • Nov 12Marks and Spencer Group plc Appoints Sean Doyle to the Board as a Non-Executive Director and to the Audit & Risk and Nomination Committees, Effective from 1 December 2025Marks and Spencer Group plc announced that Sean Doyle, Chairman & Chief Executive Officer of British Airways, will join the Board as a Non-Executive Director effective from 1 December 2025. Sean is a practising chief executive and an outstanding business leader in the complex and challenging airline industry. He also represents an iconic British brand with extraordinary public exposure. His appointment follows the announcement that Roger Burnley, former CEO of Asda, will also join the Board on 1 December and that Archie Norman's tenure as Chair will be extended. This renewal is part of a broader programme to refresh the Board as M&S embarks on the next phase of the Reshaping for Growth strategy. Sean will join the Audit & Risk and Nomination Committees at the same time as joining the Board.
분석 기사 • Nov 12Market Participants Recognise Marks and Spencer Group plc's (LON:MKS) RevenuesThere wouldn't be many who think Marks and Spencer Group plc's ( LON:MKS ) price-to-sales (or "P/S") ratio of 0.5x is...
Declared Dividend • Nov 07First half dividend increased to UK£0.012Dividend of UK£0.012 is 20% higher than last year. Ex-date: 27th November 2025 Payment date: 9th January 2026 Dividend yield will be 1.0%, which is lower than the industry average of 3.8%. Payout Ratios Payout ratio: 389%. Cash payout ratio: 12%.
New Risk • Nov 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 58% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).
Reported Earnings • Nov 06First half 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst half 2026 results: EPS: UK£0.003 (down from UK£0.14 in 1H 2025). Revenue: UK£7.94b (up 23% from 1H 2025). Net income: UK£6.20m (down 98% from 1H 2025). Profit margin: 0.1% (down from 4.4% in 1H 2025). Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) missed analyst estimates by 80%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.
Major Estimate Revision • Nov 05Consensus revenue estimates increase by 22%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from UK£14.3b to UK£17.4b. EPS estimate unchanged from UK£0.22 at last update. Consumer Retailing industry in the United Kingdom expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at UK£4.16. Share price fell 5.2% to UK£3.85 over the past week.
공고 • Nov 05Marks and Spencer Group plc Announces Interim Dividend, Payable on 9 January 2026Marks and Spencer Group plc announced an interim dividend of 1.2 pence per share has been declared and will be payable on 9 January 2026 to shareholders on the register of members as at close of business on 28 November 2025. The ordinary shares will be quoted ex dividend on 27 November 2025.
내러티브 업데이트 • Oct 31MKS: Execution Risks And Cyber Disruption Will Shape Market Momentum AheadAnalysts have slightly reduced their average price target for Marks and Spencer Group, lowering it by £0.03 to £4.16. They weigh recent execution risks and shifting momentum following both upgrades and downgrades from major firms.
공고 • Oct 30Marks and Spencer Group plc Appoints Roger Burnley as Non-Executive Director, Audit & Risk and Nomination Committees, Effective December 1, 2025Marks and Spencer Group plc ("M&S") announced that Roger Burnley CBE will join the Board as a Non-Executive Director effective from 1 December 2025. Roger is the former CEO and COO of Asda and, prior to that, Retail & Operations Director at J Sainsbury's. He is currently a Non-Executive Director at Pets at Home Group plc. Roger will join the Audit & Risk and Nomination Committees at the same time as joining the Board. M&S confirms there is no further information required to be disclosed in accordance with UK Listing Rule 6.4.8(R).
분석 기사 • Oct 09Is Now The Time To Look At Buying Marks and Spencer Group plc (LON:MKS)?Marks and Spencer Group plc ( LON:MKS ) saw a double-digit share price rise of over 10% in the past couple of months on...
분석 기사 • Sep 24Here's Why Marks and Spencer Group (LON:MKS) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
공고 • Aug 21Marks and Spencer Group plc Announces Justin King, Non-Executive Director's Intention to Step Down, with Effect from 10 September 2025Marks and Spencer Group plc announced that Justin King, Non-Executive Director, has informed the Board of his intention to step down with effect from 10 September 2025. Justin has made a truly significant contribution to M&S, having served on the Board twice, as a NED since January 2019 and, prior to that, as Head of Food between 2001 and 2004.
분석 기사 • Aug 14Marks and Spencer Group plc (LON:MKS) Not Lagging Market On Growth Or PricingLSE:MKS 1 Year Share Price vs Fair Value Explore Marks and Spencer Group's Fair Values from the Community and select...
분석 기사 • Jul 31Marks and Spencer Group (LON:MKS) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Recent Insider Transactions Derivative • Jul 22CEO & Director exercised options and sold UK£2.8m worth of stockOn the 17th of July, Stuart Machin exercised 1.73m options at around UK£0.01, then sold 834k of the shares acquired at an average of UK£3.33 per share and kept the remainder. For the year to April 2023, Stuart's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Stuart's direct individual holding has increased from 1.21m shares to 1.43m. Company insiders have collectively sold UK£2.7m more than they bought, via options and on-market transactions in the last 12 months.
공고 • Jul 06M&S Announces Change of DirectorsOn July 5, 2025, M&S has appointed Andrew Hicks as food marketing director, replacing Sharry Cramond, who is now leading marketing for the fashion, home and beauty division. Hicks is joining from Woolworths Group in Australia, where he chief marketing officer for seven years. He will report to M&S Food MD Alex Freudmann, whom he previously worked alongside. Hicks has more than years of marketing experience across Australia and South Africa, ing as marketing director for Woolworths Andrew Hicks joins He is due to start September. M&S said his experience and insight complemented the food leadership team's performance culture. It would further drive M&S towards its position to be a shopping Woolworths Group in Australia perceptions, and being number one for It said he was one a series of new hires as M&S "continues raise the bar on talent and accelerate transformation". Cramond's move lows the appointment earlier this year. Hicks has been ing out the right team accelerate transformation, according to Other new members include James Mugford who is leading M&S Beauty, and David who is leading on chain. Kevin Bennett will take up his previously announced role as Food logistics director - Gist CEO on 7 July. M&S said Bennett had been fundamental in kicking of its supply chain and tics transformation Fashion, Home & He would now focus delivering the plan of modernise the food.
공고 • Jun 03Marks and Spencer Group plc, Annual General Meeting, Jul 01, 2025Marks and Spencer Group plc, Annual General Meeting, Jul 01, 2025. Location: waterside house, 35 north wharf road, w2 1nw, london United Kingdom
Declared Dividend • May 23Final dividend increased to UK£0.026Dividend of UK£0.026 is 30% higher than last year. Ex-date: 29th May 2025 Payment date: 4th July 2025 Dividend yield will be 1.0%, which is lower than the industry average of 3.8%. Payout Ratios Payout ratio: 25%. Cash payout ratio: 9%.
Reported Earnings • May 22Full year 2025 earnings released: EPS: UK£0.15 (vs UK£0.22 in FY 2024)Full year 2025 results: EPS: UK£0.15 (down from UK£0.22 in FY 2024). Revenue: UK£13.8b (up 6.0% from FY 2024). Net income: UK£295.7m (down 31% from FY 2024). Profit margin: 2.1% (down from 3.3% in FY 2024). Like-for-like sales growth: 8.6% vs FY 2024 Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
공고 • May 21Marks and Spencer Group plc Approves Final Dividend, Payable on 4 July 2025The directors of Marks and Spencer Group plc have approved a final dividend of 2.6 pence per share (last year: 2.0 pence per share), which, in line with the requirements of IAS 10 Events after the Reporting Period, has not been recognised within these results. This final dividend of c.£53.4 million (last year: £40.2 million) will be paid on 4 July 2025 to shareholders whose names are on the Register of Members at the close of business on 30 May 2025. The ordinary shares will be quoted ex-dividend on 29 May 2025.
공고 • Feb 19Marks & Spencer Appoints Global Leadership TeamMarks & Spencer has announced three senior appointments to its global leadership team as it seeks to reset its international business and bolster its future growth plans. The retailer has recruited Pepe Jeans managing director and CEO for India operations Manish Kapoor to lead its India business as managing director from April 2025. Before joining Pepe Jeans, Kapoor served as chief operating officer at French Connection in India from 2012 to 2014, where he reset the company's strategy, transforming it into a "profitable menswear brand. Victoria Jones, who is joining M&S from Clarks, has stepped into the role of international commercial director. At Clarks, Jones led global strategy for end-to-end planning, trading, assortment and delivery for three years. In her new role, she will oversee M&S product strategy for clothing and food. Her main focus is to ensure that the right products are available for customers, in the right place, at the right time, while leveraging the strengths of the UK market. Richard Davies has been promoted from his former role as the head of the M&S brands category to international partnerships director. Davies began his career at M&S in 2011 as a regional manager for the UK's southeast. He later transitioned to the Support Centre, where he held various roles within the Clothing & Home department. In 2021, he was promoted to head of category for brands at M&S, where he developed the UK third-party brand strategy, leading to partnerships with more than 100 brands. He will now be responsible for the integration of the franchise and wholesale selling models into one cohesive strategy. All the three new hires will report to M&S international managing director Mark Lemming, who took on the role in 2024 and has announced a reset of priorities for its international business. Lemming's focus is on resetting the international business by establishing solid foundations for growth through "capital light partnerships" and an online platform. This reset will allow M&S to utilise its UK business expertise and brand reputation to expand its global presence.
공고 • Jan 17Marks and Spencer Group plc to Report First Half, 2026 Results on Nov 05, 2025Marks and Spencer Group plc announced that they will report first half, 2026 results on Nov 05, 2025
Price Target Changed • Dec 10Price target increased by 8.3% to UK£4.32Up from UK£3.99, the current price target is an average from 17 analysts. New target price is 11% above last closing price of UK£3.91. Stock is up 49% over the past year. The company is forecast to post earnings per share of UK£0.27 for next year compared to UK£0.22 last year.
새로운 내러티브 • Nov 25Digital Transformations And Decisive Expansions Set The Stage For Revenue Growth Strategic store expansion and digital investment could boost revenue through improved retail presence and increased online sales.
공고 • Nov 25Marks and Spencer Group plc to Report Fiscal Year 2025 Results on May 21, 2025Marks and Spencer Group plc announced that they will report fiscal year 2025 results on May 21, 2025
Upcoming Dividend • Nov 22Upcoming dividend of UK£0.01 per shareEligible shareholders must have bought the stock before 28 November 2024. Payment date: 10 January 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (3.3%).
Buy Or Sell Opportunity • Nov 08Now 22% undervaluedOver the last 90 days, the stock has risen 17% to UK£3.75. The fair value is estimated to be UK£4.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 4.0% per annum over the same time period.
Reported Earnings • Nov 07First half 2025 earnings released: EPS: UK£0.14 (vs UK£0.11 in 1H 2024)First half 2025 results: EPS: UK£0.14 (up from UK£0.11 in 1H 2024). Revenue: UK£6.48b (up 5.7% from 1H 2024). Net income: UK£282.1m (up 36% from 1H 2024). Profit margin: 4.4% (up from 3.4% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공고 • Sep 26Marks and Spencer Group plc Appoints Fiona Dawson as Senior Independent DirectorMarks and Spencer Group plc confirmed that Fiona Dawson, Non-Executive Director of the Board since May 2021, has been appointed as Senior Independent Director with immediate effect. Fiona will continue as Chair of the Remuneration Committee.
공고 • Aug 09Marks and Spencer Group plc Provides Update on Appointment of Alison Dolan as CFO, Effective from 6 January 2025Further to the announcement of Alison Dolan's appointment as Chief Financial Officer made on 29 May 2024, Marks and Spencer Group plc confirms Alison will join the Board as CFO with effect from 6 January 2025.
공고 • Jul 04Marks and Spencer Group plc Appoints Fiona Dawson as Chair of the Remuneration CommitteePursuant to Listing Rule 9.6.11 (3), Marks and Spencer Group plc confirmed that Fiona Dawson was appointed as Chair of the Company's Remuneration Committee with effect from 2 July 2024.
Reported Earnings • Jun 05Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: UK£0.22 (up from UK£0.18 in FY 2023). Revenue: UK£13.0b (up 9.3% from FY 2023). Net income: UK£431.2m (up 19% from FY 2023). Profit margin: 3.3% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
공고 • Jun 05Marks and Spencer Group plc, Annual General Meeting, Jul 02, 2024Marks and Spencer Group plc, Annual General Meeting, Jul 02, 2024. Location: waterside house, 35 north wharf road, w2 1nw, london United Kingdom
공고 • May 30Marks and Spencer Group plc Announces Chief Financial Officer Changes, Effective from May 2025Marks and Spencer Group plc announced Alison Dolan will join the Board as Chief Financial Officer. Alison will take over from interim CFO Jeremy Townsend who will remain in post as planned until May 2025. An exact start date for Alison will be announced in due course. Alison brings a wealth of experience from her current role as CFO of the leading digital property portal, Rightmove plc, and from previous finance, strategy, and transformation roles, including with News UK and Sky. Alison Dolan Career Highlights: Chief Financial Officer, Rightmove plc (September 2020 - current); Chief Strategy Officer, News UK (December 2016 - May 2020); Deputy Managing Director, Sky Business; British Sky Broadcasting plc; (March 2012 - November 2016); Group Treasurer, British Sky Broadcasting plc; (Jan 2002 - March 2012); Finance Director - Sky Technology; (May 2010 - Feb. 2012); Finance Director - Sky Business; (May 2009 - Feb. 2012). Alison is also a Non-Executive Director on the Board of Pearson plc and a member of the Audit and Remuneration Committees. Jeremy Townsend was appointed Interim CFO on 22 November 2022 and will remain in post as planned until May 2025.
Major Estimate Revision • May 28Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.252 to UK£0.278. Revenue forecast steady at UK£13.5b. Net income forecast to grow 23% next year vs 23% growth forecast for Consumer Retailing industry in the United Kingdom. Consensus price target up from UK£3.10 to UK£3.20. Share price rose 9.3% to UK£2.99 over the past week.
공고 • May 19Marks and Spencer Group plc to Report First Half, 2025 Results on Nov 06, 2024Marks and Spencer Group plc announced that they will report first half, 2025 results on Nov 06, 2024
New Risk • Mar 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
공고 • Mar 08Marks and Spencer Group PLC Announces the Retirement of Katie Bickerstaffe as Co-Chief Executive Officer After the AGM in July 2024Marks and Spencer Group PLC announced that Katie Bickerstaffe will retire from M&S after the AGM in July 2024 to pursue her board career. Katie served as a Non-Executive Director and Co-Chief Operating Officer of M&S prior to being appointed Co-CEO, reporting into Chief Executive Officer Stuart Machin, in March 2022. Having helped see through that leadership change, the strengthening of the management team and a marked improvement in the performance of the business, she will move on to take other board roles in line with the original transition plan. Katie Bickerstaffe joined M&S as a Non-Executive Director in 2018 and moved into an executive role in 2020, becoming co-Chief Operating Officer alongside Stuart Machin in 2021. In May 2022 Stuart took over as Chief Executive Officer and Katie became co-Chief Executive Officer.
New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
공고 • Jan 26Marks and Spencer Group plc Announces Executive ChangesMarks and Spencer Group plc announced that Rachel Higham has been appointed as the new M&S chief digital and technology officer, taking a seat on the company's executive committee after moving from WPP. The hire comes as M&S looks to build out its technology capabilities. M&S is aiming to collect more data on its customers so it can give them a better personalised app experience. Tesco and Sainsbury's have already achieved success doing this by monitoring customers' shopping habits to help tailor individual loyalty card offers. The appointment of a new chief digital officer was announced alongside news that Mark Lemming had been promoted to managing director of the M&S international division.
Major Estimate Revision • Jan 18Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from UK£0.195 to UK£0.217. Revenue forecast steady at UK£13.0b. Net income forecast to grow 15% next year vs 44% growth forecast for Consumer Retailing industry in the United Kingdom. Consensus price target up from UK£2.82 to UK£2.92. Share price fell 3.7% to UK£2.54 over the past week.
Reported Earnings • Nov 09First half 2024 earnings released: EPS: UK£0.11 (vs UK£0.085 in 1H 2023)First half 2024 results: EPS: UK£0.11 (up from UK£0.085 in 1H 2023). Revenue: UK£6.13b (up 11% from 1H 2023). Net income: UK£208.0m (up 25% from 1H 2023). Profit margin: 3.4% (up from 3.0% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
공고 • Nov 09Marks and Spencer Group plc Announces Interim Dividend, Payable on 12 January 2024Marks and Spencer Group plc announced an interim dividend of 1.00 pence per share. This will be paid on 12 January 2024 to shareholders on the register of members as at close of business on 17 November 2023.
