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Investegate |Morrison W.Sprmkts Announcements | Morrison W.Sprmkts: Q1 Trading Statement


 
For Q1 (14 weeks to 9 May), Group like-for-like (LFL) sales ex-fuel were up 2.7%, comprising contributions from retail of 1.6% and wholesale of 1.1%. Group LFL inc-fuel was up 4.7%, with fuel LFL up 17.5% and fuel volumes almost back to pre-pandemic levels by the end of the period (Figure 2). Total sales were up 3.3% ex-fuel (up 5.3% inc-fuel), with a 0.5% sales contribution from net new space. Despite some pressure from commodity and freight inflation, our continued investment in price for customers again led to year-on-year deflation during the period. 
 
Against the volatile trading of the early stages of COVID-19 last year, we sustained a robust sales performance throughout Q1 this year, especially as all but the first four weeks of the period lapped the early stages of the pandemic during March and April 2020. Key seasonal events such as Mother s Day and Easter were particularly successful, and there has been a strong recent improveme ....

United Kingdom , Little Clacton , Simon Rigby , Michael Gleeson , David Potts , Ellen Wilton , Kevin Smith , Andrew Kasoulis , Citigate Dewe Rogerson , Highland Fuels Ltd , Wm Morrison Supermarkets , Gardner Garages Ltd , Morrisons Daily , Chief Executive , Dewe Rogerson , ஒன்றுபட்டது கிஂக்டம் , கொஞ்சம் கிளாக்டன் , சிமோன் ரிக்பி , மைக்கேல் க்ளீசன் , டேவிட் பாட்ஸ் , எல்லன் வில்டன் , கெவின் ஸ்மித் , ஹைலேண்ட் எரிபொருள்கள் லிமிடெட் , வம் மோரிசன் பல்பொருள் அங்காடிகள் , கார்ட்னர் கேரேஜ்கள் லிமிடெட் , மோரிசன்கள் தினசரி ,