M&S Net Slumps 38.2 Percent

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LONDON — Marks and Spencer Group plc reported a 38.2 percent fall in net profits for the year ended March 28, to 506.8 million pounds, or $871.6 million, from 821 million pounds,...

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M&S Net Slumps 38.2 Percent

Retailer says outlook is "cautious" after full-year sales inch up 0.4 percent.

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