FT 11/01/19 - Vox Markets | Vox Markets

FT 11/01/19

Lombard – Marks & Spencer Group (MKS) investors should know one turkey does not make a turnround
Pundits savoured talk of ‘steady performance’ but sales figures leave bad smell

Marks & Spencer Group (MKS) and Debenhams (DEB) recovery efforts fail to deliver. Sales do not yet reflect recent plans to transform UK retailers

Mike Ashley ousts CEO and chairman at Debenhams (DEB). Frustrated investors vote against reappointment at department store group’s AGM

Lex – Halfords Group (HFD): cycle lame. Given the high street’s woes, cash flows will not keep up with the retailer’s optimism

Debenhams (DEB) reports tough trading over Christmas. Focus on ‘premium’ gifts fails to revive sales over key period

Marks & Spencer Group (MKS) leaves forecasts unchanged after mixed Christmas. Weak trading in stores offset by stronger performance online

Tesco (TSCO) reports best Christmas sales growth since 2009. UK grocer defies broader retail gloom with 2.2% like-for-like growth


Mentioned in this post

Halfords Group
Marks & Spencer Group