Marks and Spencer Profits Rebound Following Last Year Cyber Attack
Published 8h ago · Earnings
Affects United Kingdom
Marks and Spencer profits rebounded to £355m following last year's crippling cyber attack.
British retailer Marks and Spencer posted a pre-tax profit of £355m for the six months ending September, recovering from a severe cyber-attack that disrupted operations over Easter 2025. The company stated that clothing and homeware sales continued to feel the after-effects of the hack over the summer. Meanwhile, strong performance across its grocery division helped drive the overall financial recovery.
- The profitPre-tax profits reached £355m for the six-month period, up significantly from £3.4m during the same timeframe last year.
- The disruptionThe cyber incident forced the retailer to take its shopping platform offline for more than six weeks.
- The food sectorGrocery sales performed ahead of projections, providing key support during the recovery phase.
Why it matters
Cyber attacks on major retail chains can severely disrupt supply chains and online sales channels, impacting revenue streams for extended periods. Major retailers rely heavily on digital infrastructure for inventory management and customer transactions.
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Marks and Spencer reported a strong rebound in profits to £355m for the six-month period ending in September, overcoming the operational challenges of a major cyber incident that hit its online platform last year.
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