Company Earnings UpdateMorrisons (LSE: MRW) 1Q20 Trading Update: Group Comps Below Expectations, Access to Ocado Erith Fulfilment Center Suspended Coresight Research May 10, 2019 Executive Summary Morrisons reported group same-store sales growth of 2.3% excluding fuel, below the consensus estimate of 2.5% recorded by StreetAccount. The company agreed with its online grocery service provider Ocado that Morrisons’ access to the new Erith customer fulfilment centre (CFC) will be suspended until January 2021. Ocado will no longer be Morrisons’ exclusive digital partner. 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 4Q24, Week 7: Costco, Inditex and Puma Lead with Solid Fourth-Quarter GrowthEconomic Sentiment Turns Positive Ahead of Tariff Deadline; Plus, Department Store Shopping in Focus: US Consumer Survey InsightsThree Data Points We’re Watching This Week, Week 8Black Friday 2025: Key Insights from US Stores—Solid Shopper Demand, Some True Doorbusters and Greater Omnichannel Integration
