Marks & Spencer's results beat expectations

09/30/2009 | Times (London) (subscription required), The

Marks & Spencer's like-for-like sales fell 0.5% during the 13 weeks to 26 Sept. Analysts had predicted a 1.5% drop. M&S Chairman Sir Stuart Rose said that despite improving consumer confidence, the retailer remains cautious. "We expect 2010 to be a tough year, and we will continue to run the business accordingly," he said.

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