Morrisons reveals increased sales for the latest quarter
Total sales rose 3.5 percent in the 13 weeks to July 27
Morrisons has revealed increased sales despite pressure from “rising inflation and challenging macroeconomic conditions” in the latest quarter.
The UK’s fifth largest supermarket group revealed that total sales grew by 3.5% to £4 billion for the 13 weeks to July 27.
It represented a slowdown from growth of 4.2% in the previous quarter.
Morrisons also said it secured £63 million of cost savings over the period, as it remained on track to hit its target of £1 billion in savings by the end of the 2026 financial year.
Rami Baitieh, chief executive of Morrisons, said: “Against a background of rising inflation and challenging macroeconomic conditions like-for-like sales grew by 3% in our third quarter, making it our 11th consecutive quarter of like-for-like sales growth.
“Our market share was stable, as it has been since the start of the year.
“Consumers are feeling the squeeze and we are continuing to work hard to help our customers make the most of stretched household budgets, staying true to Morrisons’ values of providing good affordable fresh food for all.
“As we do this, we are also managing the incremental impact of the autumn Budget and other Government legislation, which has created significant cost headwinds, some of which were unexpected at the start of the financial year.
“In the fourth quarter, inflation has increased further and we are adapting and adjusting to make sure we continue to offer the best value – cutting prices for all customers, tailoring promotions and offering More Card customers even better rewards for their loyalty.”
Published: 17/09/2025 by Radio NewsHub