M&S annual profit slides 24% after cyber hack disruption


Reuters | Updated: 20-05-2026 11:33 IST | Created: 20-05-2026 11:33 IST
M&S annual profit slides 24% after cyber hack disruption

‌British retailer ​Marks & Spencer ‌reported a 24% drop in ‌annual profit ‌on Wednesday after last year's ⁠cyber ​hack ⁠forced a ⁠seven-week suspension of online ​clothing orders, ⁠hit clothing ⁠and ​food availability and dented ⁠sales and ⁠margins.

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