Morrisons gross profit in the United Kingdom 2009/10-2020/21

In the financial year ending January, 31, 2021, Morrisons PLC generated a gross profit of approximately 388 million British pounds. This was a significant decrease compared to the preceding financial year. Currently, Morrisons is the fourth largest supermarket in the United Kingdom by market share, following Tesco, Sainsbury's and Asda, and is one of the 'big four' grocery retailers.

Morrisons in profile

The company has its headquarters in Bradford, West Yorkshire, England. Morrisons could predominantly be found in the north of the country until 2004, at which point the company took over Safeway supermarkets and the company’s presence was significantly expanded throughout the southern part of the country. Morrisons teamed up with the purely online retailer Ocado in 2013 in order to launch its own online service. Furthermore, Morrisons own-label products are also sold online via Amazon Fresh as of 2016.

By the numbers

In the 2018/19 financial year, Morrisons operated 494 stores in the United Kingdom. These stores served on average 24.4 thousand customers per store per week. The company generated a revenue of 17.7 billion British pounds during the aforementioned financial year. In 2018/19, the company recorded a sales growth for its third consecutive financial year.