Record-Breaking Holiday Season for M&S
- M&S raises profit forecast to £500m
- Highest ever Christmas sales
- December growth aligns with Q4 performance
Marks & Spencer (M&S) has raised its profit forecast to £500 million, attributing the increase to its ‘highest ever’ Christmas sales. The company reported that its December growth was in line with its overall quarterly performance. This strong showing during the holiday season is a positive sign for M&S as it continues to navigate through challenging market conditions.
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Financial Relevance: Yes
Financial Markets Impacted: The article discusses the impact of inflation on consumer spending and investment decisions.
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