Marks & Spencer warns cyberattack to hit profit by $400 million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2025
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Source: SeekingAlpha
Cyber Attack Impact: Marks & Spencer has reported that a sophisticated cyber attack will cost the retailer approximately £300 million ($403 million) in operating profit and increase stock management costs, significantly affecting online sales and trading profits.
Operational Response: The company is using this disruption to accelerate investments in upgrading its infrastructure and technology, while also working closely with suppliers to stabilize operations and minimize customer impact during the recovery period.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
