Company Earnings UpdateMorrisons (LSE: MRW) 1Q20 Trading Update: Group Comps Below Expectations, Access to Ocado Erith Fulfilment Center Suspended Coresight Research May 10, 2019 Executive Summary Morrisons reported group same-store sales growth of 2.3% excluding fuel, below the consensus estimate of 2.5% recorded by StreetAccount. The company agreed with its online grocery service provider Ocado that Morrisons’ access to the new Erith customer fulfilment centre (CFC) will be suspended until January 2021. Ocado will no longer be Morrisons’ exclusive digital partner. 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: Keeping Green While Saving Green: Five Areas for Technology-Driven Sustainability in 2025Three Data Points We’re Watching This Week, Week 4: US Store Openings and Closures—2024 ReviewNextGen 2025: Retail, Real Estate & the New Consumer—AgendaAnalyst Corner: Exploring IKEA’s City Stores Worldwide, with John Mercer
