2 minutes

Morrisons (LSE: MRW) 1Q18 Update: Comps Strengthen Further

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Company Earnings Update

Executive Summary

  • The UK’s fourth-biggest grocery retailer, Morrisons, reported comps ex fuel of 3.4% for 1Q18.
  • Total sales ex fuel were up 2.8%.
  • More premium food lines and an extension of its clothing offer boosted sales.

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