M&S posts increase in underlying sales

Marks & Spencer posted its first rise in quarterly underlying sales for over two years, joining rivals in reporting solid…

Marks & Spencer posted its first rise in quarterly underlying sales for over two years, joining rivals in reporting solid Christmas sales while also warning of an uncertain 2010.

The 126-year-old group said yesterday that sales at British stores open at least a year rose 0.8 per cent in the 13 weeks to December 26th, its fiscal third quarter. – (Reuters)

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