Morrisons: Supermarket chain posts eleventh consecutive quarter of like-for-like sales growth

Yorkshire Post

Morrisons has today updated investors on Q3 trading for the 13 weeks ended 27 July 2025. Rami Baitiéh, Chief Executive, said: “Against a background of rising inflation and challenging macroeconomic conditions like-for-like sales grew by 3.0% in our third quarter, making it our eleventh consecutive quarter of like-for-like sales growth. Our market share was stable, as it has been since the start of the year. #Morrisons

Transcript

00:00Hello, I'm Greg Wright of the Yorkshire Post.

00:04The Bradford-based supermarket chain Morrisons has updated investors on its third quarter trading.

00:11In the update, Morrisons said that group like-for-like sales were up by 3%

00:16and total sales were up by 3.5% to £4 billion.

00:22Ramai Bhaitai, who's the chief executive, said that against a background of rising inflation

00:27and challenging conditions, like-for-like sales grew in the third quarter,

00:32making it the 11th consecutive quarter of like-for-like sales growth.

00:37It also secured a successful refinancing and a further £261 million reduction in gross debt.

00:44My name's Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.

Category

Transcript

Be the first to comment

Recommended