Marks & Spencer said profit slumped 24% in 2025/26 after a cyber hack forced a seven-week suspension of online clothing orders, hitting sales and margins. Despite the disruption, the retailer forecast profit growth in the new financial year, which partially offsets the near-term earnings pressure. The update is negative for current-year fundamentals but supportive of the outlook.
Marks & Spencer said profit slumped 24% in 2025/26 after a cyber hack forced a seven-week suspension of online clothing orders, hitting sales and margins. Despite the disruption, the retailer forecast profit growth in the new financial year, which partially offsets the near-term earnings pressure. The update is negative for current-year fundamentals but supportive of the outlook.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
