Marks & Spencer
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)
Marks & Spencer was founded in 1884 and is headquartered in London, GB
Key People at Marks & Spencer
Helen Weir
CFO
Robert Swannell
Chairman
Richard Solomons
Non-Executive Director
Alison Brittain
Non-Executive Director
Miranda Curtis
Non-Executive Director
Andy Halford
Non-Executive Director
Martha Fox
Non-Executive Director
Marc Bolland
Chief Executive
Patrick Bousquet-Chavanne
Executive Director, Marketing & International
Steve Rowe
Executive Director, General Merchandise
Laura Wade-Gery
Executive Director, Multi-channel
Vindi Banga
Senior Independent Director
Marks & Spencer Office Locations
Marks & Spencer has offices in London, Manchester, Norwich, Castle Donington and in 90 other locations
London, GB (HQ)
35 North Wharf Road
Marks & Spencer Data and Metrics
Marks & Spencer Financial Metrics
Marks & Spencer's revenue was reported to be £10.6 b in FY, 2017 which is a 1% increase from the previous period.
GBP
Revenue (FY, 2017) | 10.6 b |
Revenue growth (FY, 2016 - FY, 2017), % | 1% |
Market capitalization (24-Jul-2017) | 5.3 b |
Closing share price (24-Jul-2017) | 3.3 |
Cash (02-Apr-2016) | 247.6 m |
Marks & Spencer's current market capitalization is £5.3 b.
| GBP | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|
Revenue | 10 b | 10.3 b | 10.3 b | 10.6 b | 10.6 b |
Revenue growth, % | 3% | 0% | 2% | 1% | |
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 |
Total Liabilities | 5.2 b | 5 b | 5 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, 2017 |
|---|---|
Revenue/Employee | 128.1 k |
Marks & Spencer Operating Metrics
Marks & Spencer's Registered Users was reported to be 7 m in FY, 2015. Marks & Spencer's Stores was reported to be 1.4 k in FY, 2017, which is a 4% increase from the previous period. Marks & Spencer's Customers was reported to be 32 m in FY, 2017
Marks & Spencer Market Value History
Marks & Spencer Revenue Breakdown
Marks & Spencer Job Categories
Market Position of Marks & Spencer
Traffic Overview of Marks & Spencer
Marks & Spencer Online and Social Media Presence
Marks & Spencer News and Updates
May 05, 2017
Marks & Spencer has a new chairman
LONDON (Reuters) - British retailer Marks & Spencer has appointed industry veteran Archie Norman as its new chairman, it said on Friday.
Norman will start his new job on September 1, succeeding Robert Swannell, who will retire from the board on that date.
Norman is a for…
May 03, 2017
Marks & Spencer surprises by naming the CEO of a car parts retailer to run its struggling clothing unit
LONDON — Marks & Spencer named Halfords CEO Jill McDonald as its new head of Clothing, Home & Beauty, on Wednesday.
McDonald will be taking over responsibility for the divisions from M&S CEO Steve Rowe and will oversee everything from "design and sourcing through…
May 02, 2017
Marks & Spencer could team with Ocado for online food delivery — here's what analysts think
Marks & Spencer could do deal with Ocado for online groceries;
Amazon and Waitrose could be hurdles to a deal, Credit Suisse says;
Analysts think Ocado could make up to £4 million from a deal, impact for M&S limited.
Marks & Spencer could do a deal with Ocado…
March 14, 2017
Marks and Spencer heads out of China
Marks and Spencer has pulled out of China, closing its prestigious Beijing branch earlier this month, the company confirmed. The retailer said it also closed two stores in February in the country and three more in January. Three remaining stores in Shanghai are scheduled to close by 1 April. A…
February 01, 2017
Hello spaceboy – Buzz Aldrin and fashion’s other models of substance
The second man on the moon strutted his stuff on the catwalk for Nick Graham in New York. He joins Joan Didion and Mikhail Gorbachev in making surprising style cameosGoing where no man should probably go again, legendary astronaut Buzz Aldrin modelled a silver jacket and silver trainers – to match h…
January 15, 2017
Weatherspoons ready for a comeback?
The ardent Brexiter and pub chain founder Tim Martin may just have the last laugh next weekTim Martin, founder of the JD Wetherspoon pub chain, does not do Davos – which is neat. The annual boondoggle in the Swiss Alps, which convenes again this week, is unlikely to deprive him of many of his regula…