Marks & Spencer shares surge as retailer forecasts profit growth

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By Joe Hoppe

Marks & Spencer Group said that the first 19 weeks of fiscal 2024 have seen continued market share growth in both its Clothing & Home and Food businesses, and it expects full-year profit growth.

The British retailer said Tuesday that like-for-like Food sales for the period ended Aug. 12 grew more than 11%, as it makes further…

This article was originally published by Marketwatch.com. Read the original article here.

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