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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week: US Retail FocusData Dive: UK Retail Sales Outlook 2023US Social Commerce Survey 2023—Infographic: Video-Centric Platforms and Influencers Offer Opportunities for BrandsWeekly US and UK Store Openings and Closures Tracker 2023, Week 12: US Closures Up by One-Quarter Year over Year
