Morrisons reveals a fall in sales

Morrisons reveals a fall in sales

Supermarket Morrisons has reported a 1.7% fall in group like-for-like sales, excluding fuel, for the 22 weeks to January 5.

The group said trading conditions remained "challenging" amid consumer uncertainty.

It added that the fuel market was "highly competitive", with group like-for-like sales including fuel down by 2.8%.

David Potts, chief executive of Morrisons, said: "It was encouraging that during an unusually challenging period for sales, our execution was strong and our profitability robust, demonstrating the broad-based progress we have made during the turnaround."

He added: "As always, we will take some learnings into the new year and look forward to 2020 with a strong plan and solid foundations on which to continue to grow."

Published: by Radio NewsHub
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