The verdict from the City: M&S's annual results

By Dean Best | 22 May 2012

Marks and Spencer, often seen as a barometer for wider trading conditions in the retail sector in the UK, today (22 May) reported mixed annual results. Sales and gross margin from food was higher but challenges remain elsewhere in the business and the retailer also cut the top end of its group sales forecasts.

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Marks and Spencer, often seen as a barometer for wider trading conditions in the retail sector in the UK, today (22 May) reported mixed annual results. Sales and gross margin from food was higher but challenges remain elsewhere in the business and the retailer also cut the top end of its group sales forecasts.

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