29 September 2022
Morrisons has reported total sales, including fuel, rose 4.5% to £4.8 bn in the 13 weeks to 31 July, driven by new space and fuel sales. The retailer said its adjusted EBITDA fell to £177m, from £356m in the same period in 2021, as it faced ‘ unprecedented inflationary pressures ’ on its business.
Q3 like-for-like sales showed sequential improvement
Morrisons Q3 like-for-like sales, excludi...