US EditionMorrisons saw sales growth lift over Christmas season
Morrisons grew like-for-like sales 3.4% over Christmas led by a 17.4% rise in own-brand premium range despite a £381 million loss and rising costs.
- In the six weeks to January 4, Morrisons reported like-for-like sales rose 3.4%, boosted by a 17.4% jump in its own-brand premium range over Christmas.
- Ahead of Christmas 2024, the group faced rising costs from measures in the 2024 budget and a cyber incident causing an IT systems outage disrupting product availability.
- Jo Goff said the group achieved cost savings of £233 million and debt is now down 46% from a peak seen in 2022, amid flat underlying earnings of 845 million.
- Company figures showed continued like-for-like growth for a 12th quarter, maintaining Ebitda and market share despite Worldpanel suggesting a slip to 8.5% market share to December 28.
- As it enters 2026, Morrisons faces a £381 million pre-tax loss and a £3.1 billion debt pile but expects to exceed its £1 billion savings target by end of 2025-26.
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Morrisons continues to compete with popular premium range, says GlobalData
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following today’s release of Morrisons’ FY results for the 52 weeks ending 26 October 2025 and Christmas trading update for the six weeks to 4 January 2026; Eleanor Simpson-Gould, senior retail analyst at GlobalData, a leading intelligence and productivity platform, offers her view: “Morrisons has had a stro…
Morrisons full-year revenue rises 3.2% to £15.8bn – Northern Financial Review
Bradford-based supermarket giant Morrisons on Wednesday updated investors on its trading for the 52 weeks ending October 26, 2025, together with an update on sales over Christmas 2025. US private equity firm Clayton, Dubilier & Rice (CD&R) completed a £7 billion takeover of Morrisons in 2022. On the festive period, Morrisons said group like-for-like (LFL) sales rose 3.4% in the six weeks to January 4, 2026. The company said full year group LFL s…
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