Morrisons has reported a stronger third quarter, with like-for-like sales rising 3.2 per cent as the supermarket grew sales and volumes ahead of the market.

For the 13 weeks ending 26 July, the grocery retailer’s total sales hit £4.1 billion, its strongest quarter since Q2 2025 and marked its fifteenth consecutive quarter of like-for-like growth.

Online sales grew by double digits, helped by the continued expansion of its Immediacy and Morrisons Now services. Convenience also continued to expand, with 71 new Morrisons Daily franchise stores opened so far this year.

Morrisons said it delivered a further £53 million of cost savings during the quarter, taking cumulative savings since the start of its programme to £995 million. The savings have helped offset higher external costs while allowing the business to continue investing in its customer offer.

The retailer also launched its Unbeatables price promise during the quarter, guaranteeing customers will not find better value on hundreds of essential products at named major supermarkets.

“Trading conditions in Q3 remained highly competitive but the period also benefited from the hot weather and the World Cup,” said chief executive Rami Baitiéh.

“We traded strongly, growing ahead of the market and delivering a robust result, with an acceleration of like-for-like sales growth to 3.2 per cent. This is our strongest quarter since Q2 2025, and our fifteenth consecutive quarter of like-for-like growth.

“Our stronger sales momentum reflected a broad-based improvement across the business – with our Supermarkets, Online, Convenience, Pharmacy and Myton manufacturing businesses all reporting good growth, underlining our progress with our plans to renew and modernise Morrisons.

“Key to this performance is our continued commitment to keeping prices low. The recent launch of our Unbeatables price promise, which guarantees customers won’t find better value on hundreds of essential products at named major supermarkets, has already had a positive impact.

Chief financial officer Jo Goff added “Q3 showed good progress against all of our key performance measures. Cumulative cost savings now approaching £1 billion helped us offset extensive external cost headwinds while also focussing on what is most important; investment in our colleagues and in stronger value for customers.

“Our working capital improvement programme continues to progress well and our confidence that there is more to come is demonstrated by our decision to raise our target today to £750m.

“In addition, we have proactively reduced debt by 46 per cent since 2022 and have no near term maturities. Our well-invested supermarket estate remains overwhelmingly freehold, and we have a strong balance sheet, providing solid foundations for further progress.”

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