M&S returns to FTSE 100 after four years
Marks & Spencer has returned to the FTSE 100 index after four years as its share price surged and its turnaround strategy paid off.
M&S was one of the founding members of the FTSE 100, which lists the UK’s top 100 firms according to market value, and returns to the index for the first time since 2019.
The retailer has seen a 75% increase in share price this year and has upgraded its annual profit outlook, driven by strong sales in both its food and clothing divisions.
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