• Marks & Spencer targets medium-term mid-to-high single-digit sales growth, with profit growth outpacing sales.
• Food sales are targeted to double over time, with an operating margin of around 5%.
• Fashion, Home & Beauty aims for online participation approaching 50%, with 180 highly productive stores; operating margins should exceed 10% in both channels.
• Structural cost reductions remain on track to reach £600 million by FY28, with investment supporting further savings.
• The full-year 2026/27 dividend will double to 8.4p from 4.2p; subsequent dividends are intended to grow at least in line with earnings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marks & Spencer Group plc published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.