LONDON (Reuters) – British supermarket group Morrisons on Tuesday reported an improved performance for its second quarter with underlying sales up 4.1%, which it said partly reflected more competitive prices.
The group, owned by U.S. private equity firm Clayton, Dubilier & Rice since 2021, said underlying earnings, excluding its fuel business, increased 16% to 321 million pounds ($408 million) in the six months to April 28.
($1 = 0.7874 pounds)
(Reporting by James Davey; editing by Sarah Young)
