The supermarket said it had achieved a “robust performance” in the period, with acceleration in like-for-like growth as sales and volumes grew ahead of the market.

Group like-for-like sales were up 3.2%, while Morrisons reported strong online sales growth, which it said was supported by continued expansion of its delivery services. Market share was also said to have grown year-on-year in the quarter.

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

“Our stronger like-for-like sales, the combination of lower prices and volume growth, and our market share improvement, are all clear evidence that our strategy is delivering.”

Baitiéh continued: “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.

“We are pleased with our Q3 performance – our stronger like-for-like sales, the combination of lower prices and volume growth, and our market share improvement, are all clear evidence that our strategy is delivering and that we remain on track with our plans.

“We have made a good start to Q4 and are well-prepared for Halloween and the final weeks of the financial year, as we continue to drive further improvements to our offer while keeping prices low for customers. This strong result was built on the hard work of colleagues across the group and I want to thank them all for their continued commitment.”

Jo Goff, chief financial officer at Morrisons, stated: “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 £750 million.

“In addition, we have proactively reduced debt by 46% 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.”