Marks & Spencer Group PLC (OTCPK:MAKSY)
$ 9.87 0.26 (2.71%) Market Cap: 9.70 Bil Enterprise Value: 12.33 Bil PE Ratio: 15.30 PB Ratio: 2.56 GF Score: 71/100
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Full Year 2022 Marks and Spencer Group PLC Fixed Income Investor Conference Call Transcript

May 25, 2022 / 01:00PM GMT
Release Date Price: $3.54 (+2.31%)
Operator

Hello, everyone, and a warm welcome to the Marks & Spencer Full Year Results Fixed Income Investor Q&A. My name is Bethany, and I'll be your operator today. (Operator Instructions)

I would now like to hand the floor over to Eoin Tonge. Please go ahead.

Eoin P. Tonge
Marks and Spencer Group plc - Chief Strategy & Finance Officer and Executive Director

Thanks, Bethany. So I just want to say a few words about the results we published this morning, and maybe then we can open up into questions.

So we think we published a strong set of results this morning. That '21/'22 was a good year. Good growth in both our businesses, core businesses. So 10% growth in Food, nearly 4% growth in Clothing & Home. And Food was driven very much by larger baskets across the year, with hospitality and franchise starting to compensate for the normalization of some of those bigger baskets in our fourth quarter. The online growth in Clothing & Home continued to be strong. And actually, we are particularly pleased with our full price performance in

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