Investors hope Marks & Spencer can continue its dazzling recovery.
Boss Stuart Machin will update the city on the High Street retailer’s full year results on Wednesday.
Analysts forecast total sales of £12.9bn, an increase of 8 per cent on the previous year.
And profits are expected to have soared 41 per cent to £608m.
M&S shares have tripled in value in just over 18 months, returning the company to the FTSE 100 in the process.
But expectations are high, meaning he’ll need another stellar performance to keep the streak going. M&S has shed its “scruffy” image when it comes to its clothing, benefiting from external brands and partnerships with celebrities such as actresses Hannah Waddingham and Sienna Miller.
Deutsche Bank experts expect clothing and home sales to have risen 5 percent to £3.9 billion.
Its food sales are also forecast to have performed well, rising 10.5 per cent to just under £8 billion.
Industry data has suggested M&S could overtake middle-class favorite Waitrose as the most popular supermarket.
Investors will also want to know if the dispute between M&S and Ocado is close to being resolved.
They disagree over how much M&S owes Ocado for the final payment after their 2019 joint venture deal.
