Company Profile For WM Morrison Supermarkets PLC

Wm Morrison Supermarkets PLC is a United Kingdom-based company engaged in the operation of retail supermarket stores. Its business is mainly related to food and grocery. The Company’s wholly owned subsidiaries include Bos Brothers Fruit and Vegetables BV, Farmers Boy Limited, Farock Insurance Company Limited, Neerock Limited, Wm Morrison Produce Limited, Rathbone Kear Limited and Safeway Limited. During the fiscal year ended February 1, 2009 (fiscal 2009), the Company had 382 stores and 12 distribution centers. During fiscal 2009, the Company opened nine stores at Giffnock, Gorleston, Whitefield, Kidderminster, Granton, Northallerton, Blandford Forum, Clifton (Nottingham) and Holyhead.

BRIEF: For the twenty six weeks ended 2 August 2009, Wm. Morrison Supermarkets plc's revenues increased 5% to £7.46B. Net income increased 42% to £309M. Revenues reflect an increase in income from sale of goods in store and increased direct manufacturing sales. Net income also reflects an increase in gross margin, higher other operating income, the presence of pension credit and an increase in operating profit.