Company Earnings UpdateMorrisons (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Earnings Insights 3Q25: Strong Growth at Ulta, Improvement at Macy’s and Solid Demand at Dollar StoresWeekly UK Store Openings and Closures Tracker 2025, Week 30: Marks & Spencer Opens Airside Food StoresBeauty Shopping in Focus; Economic Sentiment Turns Negative: US Consumer Survey InsightsHead-to-Head in Global Luxury Retailing: Kering vs. LVMH
