M&S misses LFL forecasts in third quarter

High Street giant Marks & Spencer has reported worse-than-expected sales figures for the key Christmas period in a trading update that was partially leaked the night before.

High Street giant Marks & Spencer has reported worse-than-expected sales figures for the key Christmas period in a trading update that was partially leaked the night before.

After like-for-like (LFL) sales data was leaked to Sky News wrongfully at around 20:00 on Wednesday evening - the update was scheduled for release on Thursday morning - the retailer was forced to rush out its figures and convene a management conference call, according to media reports.

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