Morrisons is expected to report strong first-quarter like-for-like sales growth this week.
The retailer will hold its annual general meeting on Thursday and analysts have predicted the supermarket chain will record like-for-like sales of 6.5% to 7%, excluding fuel, for the 13 weeks to 4 May.
“This is doubly impressive when one considers the minimal benefit from store extensions and from maturing space,” analysts at Citigroup told the Independent.
The retailer will hold its annual general meeting on Thursday and analysts have predicted the supermarket chain will record like-for-like sales of 6.5% to 7%, excluding fuel, for the 13 weeks to 4 May.
“This is doubly impressive when one considers the minimal benefit from store extensions and from maturing space,” analysts at Citigroup told the Independent.
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