Wm Morrison Supermarkets (WMS) Q3 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2026 earnings summary
16 Sep, 2026Executive summary
Achieved robust Q3 performance with 3.2% like-for-like sales growth, marking the fifteenth consecutive quarter of LFL growth.
Total sales reached £4.1 billion, with market share increasing year-over-year.
Growth was broad-based across Supermarkets, Online, Convenience, Pharmacy, and manufacturing segments.
Financial highlights
Group LFL sales up 3.2% compared to the same quarter last year.
Total sales for the quarter were £4.1 billion.
Delivered £53 million in cost savings in Q3, totaling £995 million since the start of the program.
Debt reduced by 46% since 2022, with no near-term maturities.
Outlook and guidance
A strong start to Q4, with preparations underway for Halloween and year-end trading.
Raised working capital improvement target to £750 million, reflecting ongoing confidence.
Latest events from Wm Morrison Supermarkets
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- Sales up 3% to £4.0bn, online leads, debt cut by £261m, cost headwinds persist.WMSQ3 2025
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