Marks and Spencer plc (also known as M&S; colloquially known as Marks and Sparks, Marks's or, simply, Marks) is a major British multinational retailer headquartered in the City of Westminster, London. It specialises in the selling of clothing, home products and luxury food products. M&S was founded in 1884 by Michael Marks and Thomas Spencer in Leeds.
In 1998, the company became the first British retailer to make a pre-tax profit of over £1 billion, although subsequently it went into a sudden slump, which took the company, its shareholders, who included hundreds of thousands of small investors, and nearly all retail analysts and business journalists, by surprise. In November 2009, it was announced that Marc Bolland, formerly of Morrisons, would take over as chief executive from executive chairman Stuart Rose in early 2010; Rose remained in the role of non-executive chairman until he was replaced by Robert Swannell in January 2011.
It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Company Growth (employees)
Key People at Marks & Spencer
Helen Weir
Robert Swannell
Richard Solomons
Alison Brittain
Miranda Curtis
Andy Halford
Martha Fox
Marc Bolland
Patrick Bousquet-Chavanne
Steve Rowe
Laura Wade-Gery
Vindi Banga
Marks & Spencer Office Locations
Marks & Spencer Data and Metrics
Marks & Spencer Financial Metrics
Revenue (FY, 2016) | 10.6 b |
Revenue growth (FY, 2015 - FY, 2016), % | 2% |
Net income (FY, 2016) | 404.4 m |
Market capitalization (23-Jun-2017) | 5.6 b |
Closing share price (23-Jun-2017) | 3.4 |
Cash (02-Apr-2016) | 247.6 m |
| GBP | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 10 b | 10.3 b | 10.3 b | 10.6 b |
Revenue growth, % | 3% | 0% | 2% | |
Cost of goods sold | 6.4 b | 6.3 b | ||
Gross profit | 3.9 b | 4 b | ||
Gross profit Margin, % | 38% | 39% | ||
Operating expense total | 3.2 b | 3.3 b | ||
Pre tax profit | 580.4 m | 600 m | 488.8 m | |
Net Income | 489.3 m | 481.7 m | 404.4 m |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 182.1 m | 205.9 m | 247.6 m |
Accounts Receivable | 126.8 m | 123.7 m | 122.7 m |
Current Assets | 3.8 b | 3.9 b | 4 b |
PP&E | 5.7 b | 5.9 b | 6.2 b |
Goodwill | 808.4 m | 858.2 m | 797.3 m |
Total Assets | 10.4 b | 10.6 b | 11.1 b |
Accounts Payable | 929.1 m | 967.6 m | 1 b |
Current Liabilities | 2.3 b | 2.1 b | 2.1 b |
Retained Earnings | 234.5 m | 204.3 m | 100.8 m |
Total Equity | 5.2 b | 5.6 b | 6 b |
Financial Leverage | 2 x | 1.9 x | 1.8 x |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash From Operating Activities | 1.1 b | 1.3 b | 1.2 b |
Cash From Financing Activities | (498.1 m) | (614.5 m) | (631.4 m) |
Income Taxes Paid | (91.1 m) | (118.3 m) | (84.4 m) |
| GBP | Y, 2016 |
|---|---|
Revenue/Employee | 127.1 k |
Financial Leverage | 1.8 x |
