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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Tariffs: Who Wins, Who Loses and What It Means for the EconomyShoptalk Spring 2025 “Shark Reef” Startup Pitch: Recap—12 Innovators, Two WinnersAnalyst Corner: All Things Tech at Shoptalk Spring 2025 with John HarmonRetail Crime and Shrink: More Shoppers Say No to Locked-Up Merchandise; Self-Checkout Gets a Makeover
