M&S warns of £300M dent in profits from cyberattack

Downtime stings retailer, with technical recovery costs coming at a later date Marks & Spencer says the disruption related to its ongoing cyberattack is likely to knock around £300 million ($402 million) off its operating profits for the next financial year (2025/26).…

May 21, 2025 - 12:40
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M&S warns of £300M dent in profits from cyberattack

Downtime stings retailer, with technical recovery costs coming at a later date

Marks & Spencer says the disruption related to its ongoing cyberattack is likely to knock around £300 million ($402 million) off its operating profits for the next financial year (2025/26).…