Company Earnings Update 3 minutesRegister for Free AccessMorrisons (LON: MRW) Christmas Trading: Comfortably Beats Expectations Coresight Research January 11, 2017 Executive Summary The UK’s fourth-largest grocery retailer, Morrisons, reported comps of 2.9% for the nine weeks ended January 1 to comfortably beat 4Q17 consensus of 1.1%. This marked an acceleration from comps of 1.6% in the prior quarter. Total sales were up 2% excluding fuel. The company attributed the solid performance to an improved offer, more competitive pricing and serving customers better. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Fewer Consumers Adjust Shopping Behavior To Cope with Inflation: US Consumer Survey Insights 2023, Week 37Flipkart Big Billion Days 2023: Wrap-Up—Value, Technology and Convenience Take the LeadInnovator Profile: SegmentStream Solves the Conversion Attribution Challenge for MarketersCES 2024 Preview: AI Will Be Everywhere in Las Vegas
