Company summary
Marks & Spencer is a major UK retailer focused on food, clothing, homewares and beauty. It operates a nationwide store estate, substantial online channels and a joint venture interest in Ocado Retail.
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MKS
Marks & Spencer
Food & Drug Retailers
- Index
- FTSE 100
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Food retailing, clothing, home and beauty sales, online retail, store operations, international franchise activity and ownership of an interest in Ocado Retail.
Key markets
The United Kingdom is the core market, serving a broad consumer base through Food and Fashion, Home & Beauty. International sales are mainly through franchise and partnership arrangements.
Key drivers
Food volume and market-share growth, Fashion recovery, store openings and renewals, digital capability, supply-chain investment, cost savings, Ocado Retail performance and rebuilding after the cyber incident.
Key risks
Cyber and technology disruption, weak consumer spending, food and wage inflation, fashion execution, supply-chain problems, intense grocery and clothing competition and large transformation capital expenditure.
Recent Developments
20 May 2026: full-year adjusted profit before tax fell 23.8% to £671.4m after the cyber incident, although second-half profit returned to growth. M&S retained £338.2m of net funds excluding leases and is investing heavily in stores, supply chain and digital capability.
Dividend notes
Pays interim and final dividends. FY2026 total dividend was 4.2p, up 16.7%. The 3.0p final dividend went ex-dividend on 4 June 2026 and was paid on 10 July.
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