Morrisons, Verizon, Pinterest: Everything that matters this morning
Morrisons has strong growth period but retail slows
Morrisons’s is now in its third consecutive year of growth, with like-for-like (LFL) sales excluding fuel up 5.6% for the 13 weeks to 4 November, comprising contributions from retail of 1.3% and wholesale of 4.3%.
Retail LFL sales growth eased slightly quarter on quarter without the impact of the good weather and World Cup which benefitted Q2. Total sales were up 6% excluding fuel (6.4% including fuel).
“After another period of str
Read more »