Marks & Spencer has reported a significant surge in annual profit, with a 58% increase, reaching Β£716 million. This marks the strongest financial health for the British retailer since 1997. The company's turnaround strategy, which focused on revamping its food and clothing divisions, has delivered strong sales growth, exceeding market expectations. The positive financial performance has led to a notable jump in M&S shares. The company's leadership is optimistic about future growth, citing the successful implementation of its strategic changes. Additionally, the company's boss highlighted a 41% rise in annual profits.
π¬π§ Marks & Spencer boss hails βgrowth storyβ as annual profits rise 41% https://t.co/YWob8rg0V2
π¬π§ M&S profits skyrocket as reshaping strategy pays off https://t.co/so67JRLYKb
π¬π§ Why this M&S turnaround should finally stick https://t.co/XykX2dZa9v
π¬π§ 5 ways M&S has driven bumper profits https://t.co/aPWq4YFloe
M&S results give genuine hope that its fortunes have turned a corner | Analysis by Sky's business presenter @iankingsky Click below to read more π https://t.co/SjSNvaFCAN
M&Sβs revival is the real deal β donβt mess it up again https://t.co/9gGM7pTLOW
Marks & Spencer saw a big rise in annual profit as trunaround strategy delivered. The British retailer reported Wednesday it was up 58% https://t.co/xuCFinYp68 https://t.co/xSrYfg2i13
Analysis: It genuinely feels as though M&S has turned a corner - here's why Read more π https://t.co/SjSNvaFCAN
$HUBS running with the recent M&A chatter π
Marks & Spencer profits soar to Β£716m as food and clothes revamp pays off https://t.co/gmAgsrEF0n
Why this M&S turnaround should finally stick https://t.co/9xQ4yTbAFq
British retailer Marks & Spencer reported a 58% rise in annual profit, ahead of market expectations, as its strategy to re-shape the business delivered strong sales growth in both its food and clothing divisions https://t.co/xuCFinYWVG https://t.co/Feqc1hGEWT
Marks & Spencer shares jump as 2024 profit surges 58% https://t.co/bRHrklU5rk https://t.co/cJAQyObLJN
M&S rebound continues as profits leap https://t.co/Svsd4CyuaE
Marks & Spencer profit soars as turnaround strategy delivers https://t.co/o7G25hkIbk
Marks & Spencer Upbeat on Growth After Higher Sales, Profit https://t.co/Nz7cDPd4xT
M&S annual profit soars 58% as turnaround strategy delivers https://t.co/7OPJzoYDRw https://t.co/5tsfKKistV
Marks & Spencer says itβs in the strongest financial health since 1997 as the latest turnaround of the British retailer finally gains ground https://t.co/268EXijjaG
M&A is so back
π¬π§ M&S turns page to see if success story continues https://t.co/UaEU2Yz952
π¬π§ Marks & Spencer set to ring up profits leap after impressive year https://t.co/wG3Ps9OzCg