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Morrisons (LSE: MRW) 3Q18 Update: Continued Solid Comp Growth

Executive Summary

  • Morrisons reported solid comp growth of 2.5% in 3Q18, with retail comps of 2.1%.
  • This represented a marginal slowdown from comp growth of 2.6% in the previous quarter.
  • Total sales ex fuel were up 2.3% in 3Q18.

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