Morrisons says it is making good progress against its priorities, after delivering a 14th quarter of like-for-like growth and a jump in underlying profits.
In a trading update for the 13 weeks ending April 26, 2026, Morrisons reported a 2.2% uptick in group like-for-like sales while total sales grew 1.7% to £4bn.
Underlying EBITDA for the first half grew 5.7% to £323m, while the grocer also reported “good further progress” with online, with Morrisons Now delivering double-digit sales growth.
In the period, the retailer opened a further 30 new Morrisons Daily franchise stores, making 52 franchise openings for the first half.
More Card’s active membership base increased to 8 million, while Morrisons said it delivered £48m of further cost savings in the quarter – taking the total to £942m since “the start of the programme”.
Morrisons chief executive Rami Baitiéh said: “We continued to make good progress against our priorities in Q2. In a highly competitive market, we’re focusing hard on delivering the best value for customers to give them more reasons to shop at Morrisons.
“Against the challenging backdrop, I’m pleased with the performance we have delivered in Q2; a 14th consecutive quarter of like-for-like sales growth; underlying EBITDA up, strong improvements in customer experience in our supermarkets, cafés and online with significant increases in net promoter score; good further progress with our cost saving programme and market share on an improving trend.
“Trading conditions remain highly competitive. We have made an encouraging start to the third quarter and have strong plans in place to make the most of the World Cup and Father’s Day.
“While more recent international news creates some grounds for optimism, we continue to monitor the impact of input inflation very closely, and we remain committed to doing whatever we can to help keep prices down for customers.”
No comments yet