M&S regains crown of UK’s top womenswear retailer as profits jump
by Sarah Butler from World news | The Guardian on (#6G72X)
Marks & Spencer will pay out almost 20m to shareholders in January in first dividend since 2019
Marks & Spencer regained its crown as the UK's biggest womenswear retailer over the summer for the first time in four years, helping drive a much better than expected 56% increase in profits.
The retailer also confirmed it would pay out almost 20m to shareholders in January in its first dividend since 2019 as pre-tax profits soared to just over 360m, well ahead of analysts' expectations.
Continue reading...