Morrison (wm) Supermarkets Share Discussion Threads

[johnwise] 13/1/2021 01:10

45% of workers in supermarkets including Tesco, Sainsbury's, earn below 'real living wage'

Almost half (45%) of all workers at UK’s major supermarkets including Tesco (TSCO.L), Sainsbury’s (SBRY.L), Morrisons (MRW.L) and Ocado (OCDO.L) paid their workers less than the ‘real living wage’ in April 2020, a new report by Citizens UK revealed.

[philanderer] 13/1/2021 00:16

Morrisons to be first UK supermarket to pay minimum £10 an hour

[philanderer] 11/1/2021 17:20

Morrisons to ban shoppers who refuse to wear face masks

[scotches] 07/1/2021 19:33

Now a 64p gap with SBRY at today's close - MRW was 10p higher than SBRY in September!

[pjleeds] 06/1/2021 12:30

My 10k buy has shown as a sell

[philanderer] 06/1/2021 10:08

MORGAN STANLEY CUTS MORRISON SUPERMARKETS PRICE TARGET TO 188 (189) PENCE - 'EQUALWEIGHT'

[scotches] 06/1/2021 09:47

Hargreaves comments on results.



"Impressed by the progress Morrison's is making" but issue a reminder of why the market not yet fully celebrating an impressive set of results.

"Morrison's is focussed on a volume-led approach, as it continues to cut prices. This isn't a new tactic, but is one that requires a high number of sales, or the already thin margins could suffer. As the vaccine roll-out continues and shopping habits potentially start to temper later this year, lower prices could put a lid on profit potential."

[scotches] 05/1/2021 17:58

£280M of covid costs don't assist profits either but are surely not a feature of all future reporting.

Reasons to hold have been strong divis but how you perceive your overall return is going to depend a lot on what is your average buy in price and the timeframe you give investments.

[scotches] 05/1/2021 17:20

Very positive take on results from Ian King

[essentialinvestor] 05/1/2021 17:15

Shocking statement on pre tax imv.

Cautioned here previously, the very best outcome for holders is a bid.

[scotches] 05/1/2021 11:39

The share price is now 60p lower than TSCO. It was 60p the other way in 2017.

The share price was 206p when Potts took control in March 2015.

[philanderer] 05/1/2021 11:22

Solid numbers as expected. Continue to hold.

[muffinhead] 05/1/2021 08:30

I told the missus it's time to put on the bear suit and pop down to Morrisons

[muffinhead] 05/1/2021 07:52

My wife bought a whole salmon on boxing day discounted to £6

2020/21 statutary EPS about 6.74p after B rates return £230m and and 20% tax ... but outlook statement mentions further Q4 costs

All supermarkets in same boat with LFL and product deflation... turnover is vanity, profits are sanity

[albert3591] 05/1/2021 07:19

Perhaps people cut back on other goods,bought on credit.Christmas makes people get lax with spending, with some it’s a case of it’s Christmas what the hell we will worry about it in January.

[bookbroker] 05/1/2021 07:13

In line, makes you wonder how these food retailers keep doing it, and at whose expense. This Xmas was assumed to be low key, but people have gone out and splurged on food and drink, wonder how much more wastage generated. Then off course we are likely seeing food price and drink inflation creeping up. The packages get smaller and the prices either remain the same or increase.

[amaretto1] 05/1/2021 07:03

Good results

[philanderer] 04/1/2021 15:20

(Alliance News)

- German discount supermarket chain Aldi on Monday reported record Christmas sales, helped by a "spike in demand" for its premium products offering.

Sales in the four weeks to December 24 surged 11% year-on-year, Aldi said.

"The supermarket also saw strong growth in its online Wine and Specialbuy offering, with sales in December up 75% on the previous year. Thousands of customers also ordered their groceries online through its click-and-collect service and on-demand delivery partnership with Deliveroo," the company said.

Traditional UK Christmas staples such as turkeys and mince pies also contributed to the sales surge, as did strong demand for beers, wines and spirits. Shoppers looking to "treat themselves after a difficult year" helped sales of Aldi's premium products, the company added.

"We had a record Christmas with unprecedented demand for our award-winning products as customers pushed the boat out more than ever before," Aldi's UK Chief Executive Officer Giles Hurley said.

"We are expecting significant sales growth this year as we open new stores and bring Aldi to more locations across the UK. With the vast majority of our grocery products now coming from British suppliers, our growth will lead to additional jobs and investment in our UK supply chain."

The company in December announced it would spend an extra GBP3.5 billion a year with British suppliers by 2025 as part of its expansion.

On Tuesday, London-listed grocer Wm Morrison Supermarkets PLC reports on its festive fortunes, followed by J Sainsbury PLC on January 13 and Tesco a day later.

Also on Tuesday this week, research firm Kantar will report its latest grocery market share figures for the 12 weeks ended December 27, which includes the lucrative Christmas trading period.

[ukneonboy] 24/12/2020 05:50

Time to nip down to LIDL to do

the usual last minute

xmas shopping




watch the youtube