Company Earnings Update 3 minutesRegister for Free AccessMorrisons (LSE: MRW) Holiday Trading Update: Wholesale Drives Growth; Retail Sales Impacted by Uncertainty Coresight Research January 9, 2019 Executive Summary UK grocery retailer Morrisons reported comparable sales growth (excluding fuel) of 3.6% in the nine weeks ended January 6, below the consensus estimate and slowing sequentially. Management pointed to consumer uncertainty as a factor inhibiting growth in the period. Wholesale revenues drove growth, contributing 3.0% to total comps, while retail comps, excluding fuel, contributed just 0.6%. The company maintained the guidance given in its first-half results. 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: September 2023 UK Retail Sales: Growth Slows Amid Continuing Cost of Living Pressures and Unseasonably Warm WeatherUS CPG Sales Tracker: Health & Beauty Category Helps Sustain Mid-Teens Online CPG GrowthRetail-Tech Landscape—Food TechnologyMarket Outlook: UK Grocery—Inflation Drives Value Growth Amidst Volume Decline