Company Earnings UpdateMorrisons (LSE: MRW) 1H20 Results: Sharp Downturn in Retail Comps Coresight Research September 13, 2019 Executive Summary Morrisons reported 1H20 revenues of £8.83 billion, slightly above the consensus estimate of £8.8 billion. 1H20 comparable sales were up 0.2% year over year: Retail contributed (1.1)% to group comps while wholesale contributed 1.3%. The retail segment saw a sharp downturn in the second quarter: Its contribution to group comps fell from 0.2% in 1Q20 to (2.4)% in 2Q20. Management cited demanding comparatives from 2018 as the reason. 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: Essential Guide to Shoptalk Spring 2026: Retail in the Age of AI—Balancing Automation and Human-Centric ExperiencesHigh-Income Consumers’ Economic Optimism at Five-Month Low; Holiday Shopping Accelerates: US Consumer Survey InsightsWeekly UK Store Openings and Closures Tracker 2025, Week 38: Bodycare Bankruptcy Sees Further ClosuresEconomic Sentiment Climbs; Walmart Overtakes Lowe’s in Home-Improvement Sector: US Consumer Survey Insights
