Marks & Spencer Expects $400 Million Hit From Cyberattack
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2025
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Should l Buy ?
Source: WSJ
Impact of Cyberattack: U.K. retailer Marks & Spencer anticipates a $400 million reduction in operating profit due to a cyberattack, with online disruptions expected to persist into July.
Operational Challenges: The company had to halt online shopping and incurred additional costs related to waste, logistics, and stock management following the attack in late April.
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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.
