From Financial Modeling Prep: 2025-05-27 10:00:00

In preparation for its upcoming quarterly earnings release, Marks & Spencer Group PLC is expected to report earnings per share of $0.41 and revenue of $9.64 billion. This renowned British retailer faces a financial setback due to a recent cyberattack, projected to cost around £300 million ($403 million) and potentially reduce annual profits by over one-third. The attack, attributed to “human error,” disrupted operations, leading to the theft of customer data and the temporary suspension of online orders. Despite these challenges, M&S plans to restore operations swiftly and focus on recovery. Financially, the company has a price-to-earnings (P/E) ratio of 18.33, a price-to-sales ratio of 0.59, and a debt-to-equity ratio of 1.11. To mitigate the impact of the cyberattack, M&S will implement cost management strategies and insurance measures while reporting related costs separately as an adjusting item. CEO Stuart Machin remains positive about the company’s ability to bounce back.



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