LONDON, May 11 (Reuters) - British supermarket group
Morrisons on Tuesday reported a sharp slowdown in
quarterly sales growth as it compared with the period of the
country's first COVID-19 lockdown when sales soared as worried
shoppers stocked-up.
The group said like-for-like sales, excluding fuel, rose
2.7% in the 14 weeks to May 9, its fiscal first quarter - ahead
of analysts' average forecast of up 1.6% but down from growth of
9.0% in the previous quarter.
(Reporting by James Davey; Editing by Kate Holton)
