Marks and Spencer has posted another strong performance in its food business.
Sales for Q4 2014/15 were up by 3.7 per cent, while like-for-like sales were up by 0.7 per cent.
The retailer said that in food, 'specialist positioning continues to set us apart', and M&S also enjoyed record Valentine’s sales, and saw new Simply Food stores performing well.
Marc Bolland, chief executive, said: “We have made strong progress over the quarter. In food, we delivered another excellent performance, with sales growth ahead of the market.”
'Food sales grew both at total and like-for-like level, as our specialist positioning continued to deliver results, in a difficult, deflationary quarter for the food market.
'Customers turned to us for special times of the year as well as everyday quality they can trust. We had a record Valentine’s Day, and launched over 350 new products over the quarter.'
Marks and Spencer Group plc will report its full year results on 20 May 2015.
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