WM Morrison Supermarkets

Morrisons Execution strong and profitability robust

FTSE News FTSE 100

WM Morrison Supermarkets (LON:MRW) has today announced its trading update for the 22 weeks to 5 January. For the first 22 weeks of H2 to 5 January, Group like-for-like* (LFL) sales excluding fuel were down 1.7%, comprising contributions from retail of (1.7)% and wholesale of 0.0%. Group LFL including fuel was down 2.8%. Total sales* were down 1.8% excluding fuel (down 2.9% …

WM Morrison appoint new CFO & COO

FTSE News FTSE 100

WM Morrison (LON:MRW) has announced the appointments of Trevor Strain as Chief Operating Officer, and Michael Gleeson as Chief Financial Officer. Trevor is currently Group Chief Finance and Commercial Officer, and has been an executive director of Morrisons and Chief Financial Officer since 2013. In his new role as Chief Operating Officer, Trevor will continue to report into Chief Executive, …

WM Morrison Supermarkets

WM Morrison Supermarkets Maintaining momentum

FTSE News FTSE 100

WM Morrison Supermarkets (LON: MRW) has today provided interim results for the half year to 4th August 2019. Financial summary · Group like-for-like (LFL) sales(1) ex-fuel/ex-VAT up 0.2% (2018/19: 4.9%) · Q2 Group LFL ex-fuel/ex-VAT down 1.9% (Q2 2018/19: up 6.3%) · Total revenue up 0.4% to £8.83bn (2018/19: £8.80bn) · Profit before tax and exceptionals(2) up 5.3% to £198m …

WM Morrison Supermarkets PLC 2018/19 Financial Statements – restated for IFRS 16

FTSE News FTSE 100

As previously announced, WM Morrisons Supermarkets PLC (LON:MRW) is adopting the fully retrospective approach to the new IFRS 16 lease standard. At the 2018/19 preliminary results, we outlined the impact of IFRS 16. It will have no economic effect on the business or cash flow. It does however impact the way assets, liabilities and the income statement are presented. Our …

‘Morrisons at Amazon’ statement

FTSE News FTSE 100

WM Morrison Supermarkets PLC (LON:MRW) and Amazon today announced that they are expanding the ‘Morrisons at Amazon’ store on Prime Now to many more cities across the UK. ‘Morrisons at Amazon’ is an ultra-fast same day, online grocery home delivery service, currently available to Amazon Prime Now customers in four cities: Leeds, Manchester, Birmingham, and parts of London and the home counties. Customers …

Wm Morrison Supermarkets Plc Another quarter of positive like-for-like sales

FTSE News FTSE 100

Wm Morrison Supermarkets Plc (LON:MRW) today announced Q1 Trading Statement – 13 weeks to 5 May 2019 For the 13 weeks to 5 May, Group like-for-like* (LFL) sales excluding fuel were up 2.3%, comprising contributions from retail of 0.2% and wholesale of 2.1%. Group LFL including fuel was up 2.7%. Total sales* were up 2.4% excluding fuel (2.9% including fuel). …

Morrisons (Wm)Supermarkets Plc Agreed that Ocado will have sole use of the new Erith customer fulfilment centre

FTSE News FTSE 100

Online partners Morrisons (Wm)Supermarkets Plc (LON:MRW) and Ocado have agreed that Ocado will have sole use of the new Erith customer fulfilment centre (CFC) until January 2021. This enables extra capacity for Ocado following the recent fire at the new Andover CFC. Morrisons will return to the Erith CFC in February 2021, at the pre-agreed proportion of Erith’s capacity. During …

WM Morrisons Supermarkets PLC Meaningful and sustainable growth for year-ended 3rd February 2019

FTSE News FTSE 100

Andrew Higginson, Chairman, said “In a challenging period for customers and an ever-changing British retail scene, the turnaround at Morrisons has continued to progress well. The team has now completed four years of important work, building Morrisons as a broader, stronger business. “I am delighted that sales and profit again grew strongly, and that we are able to share that growth …

Morrison(WM.) Supermarket Plc Fourth consecutive Christmas of sales growth

FTSE News FTSE 100

Morrison(WM.) Supermarket Plc (LON:MRW), today released a trading update. For the nine weeks to 6 January, Group like-for-like* (LFL) sales excluding fuel were up 3.6%, comprising contributions from retail of 0.6% and wholesale of 3.0%. Group LFL including fuel was up 3.4%. Total sales* were up 4.0% excluding fuel (3.8% including fuel). As has been widely reported, there was a …

Wm Morrison Supermarkets Plc Sales growth was again strong

FTSE News FTSE 100, News

Wm Morrison Supermarkets Plc (LON:MRW), today announced Q3 Trading Statement – 13 weeks to 4 November 2018

For the 13 weeks to 4 November, Group like-for-like* sales excluding fuel were up 5.6%, comprising contributions from retail of 1.3% and wholesale of 4.3%. Group LFL including fuel was up 6.0%. As expected, retail LFL sales growth eased slightly quarter on quarter without the impact of the favourable weather and World Cup which benefitted Q2. Total sales* were up 6.0% excluding fuel (6.4% including fuel).

Sales growth was again strong, with a better and broader offer for customers across the whole store. Morrisons now has almost 1,000 year-round ‘Best’ products, and over 250 exclusively for Christmas. Our ‘Naturally Wonky’ range continues to trade strongly across 30 seasonal Fruit & Veg items. We have also introduced more loose local produce in stores, which is proving popular with customers and removes unnecessary plastic. In addition, we are expanding