Marks & Spencer will likely be hoping to maintain up with Subsequent because it reveals its Christmas buying and selling replace on Thursday.
Beneath chief govt Steve Rowe, gross sales rose 5 per cent within the first half of its monetary yr as in opposition to pre-pandemic, with the mannequin Rosie Huntington-Whiteley proving a well-liked draw.
Russ Mould, funding analyst at AJ Bell, mentioned: ‘Analysts will search for how on-line gross sales are faring, and the way the M&S link-up with Ocado for meals supply continues to fare.’
Follower of trend: Beneath Steve Rowe, gross sales rose 5 per cent within the first half of its monetary yr as in opposition to pre-pandemic, with mannequin Rosie Huntington-Whiteley (pictured) proving standard
Mould added that traders would even be maintaining a watch out for any affirmation of, or change to, the £500m revenue earlier than tax which Rowe had predicted after first-half outcomes.
Michael Hewson, at CMC Markets, mentioned M&S’s first dividend since 2019 might change into extra doubtless if the third-quarter outcomes are sturdy.