M&S Profit Rebounds From Cyberattack but Clothing a Drag

M&S reveals profits more than doubled over past six months

M&S has revealed that profits more than doubled over the past six months amid a revival following last year’s cyber attack, but warned that it faces an “onslaught of cost headwinds”.

M&S profit rebounds from cyber attack but clothing drags on recovery

M&S profit rebounds from cyberattack but clothing a drag

British retailer Marks & Spencer said today that its first-half profit rebounded from last year's cyberattack-hit level, but was down on a two-year basis as strong trading in food failed to fully offset weakness in clothing.

M&S Grocery Sales Bounce Back After Last Year’s Cyberattack

Marks & Spencer Group Plc’s grocery sales jumped more than expected in the first half, boosting its recovery from last year’s cyberattack.

M&S profits surge on cyber attack recovery despite ‘onslaught’ of costs

The high street giant has been buoyed by strong growth across its food business, which is performing ‘ahead’ of plan.

Marks & Spencer boosted by food growth amid ‘onslaught of costs’

Marks & Spencer said its food arm is driving the retailer’s return to growth, despite the “onslaught of cost headwinds” facing the industry.  The FTSE 100 retailer posted a £355m pre-tax profit in the six months to the end of September, up from £3m last year when a cyber attack shut down its website and [...]