Marks & Spencer’s third-quarter trading statement showed a 5.6% increase in food sales and a 2.9% decline in fashion sales. Ocado Retail sales rose by 13.7%, leading to a 3% increase in shares. Despite challenges, management maintained full-year guidance, with a focus on achieving profitable growth through its transformation road map.

Read more at Morningstar: Marks & Spencer: Strong Food Performance Offsets Fashion Decline