Company Earnings Update 3 minutesRegister for Free AccessMorrisons (LSE: MRW) FY19 Results: Solid Profit Growth Prompts Optimistic Outlook Coresight Research March 14, 2019 Executive Summary Morrisons reported FY19 revenues of £7 billion, up 2.7% year over year, and slightly missing the consensus estimate of €17.8 billion recorded by StreetAccount. The company reported adjusted diluted EPS of 12.88 pence, up 7.9% year over year, but missed the consensus of 13.1 pence. Morrisons expects £12 million incremental profit from wholesale, services, interest and online, taking the cumulative total to £54 million. The company believes it is on track for its £75-125 million target. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Sportswear Brands in 1Q23: High Costs and Promotions Erode Margins, but Key Brands Remain Positive for Full-Year 2023China Retail Insights: Countdown to China’s Singles’ Day 2024, Six Months To Go—What Brands and Retailers Need To KnowCES 2023 ShowStoppers: Spotlight on Healthcare TechUS Apparel and Beauty Spending Tracker, August 2023: Beauty, Clothing and Footwear Spending Growth Slows But Remains Resilient
