Core Viewpoint - Morrisons is set to become the first large UK supermarket chain to implement electronic shelf labels (ESLs) across all its stores, enhancing customer experience and operational efficiency through digital innovation [1][3]. Group 1: Implementation of ESLs - Morrisons will deploy 10.8 million smart electronic shelf labels across its 497 supermarkets, with the rollout beginning in early 2026 [1]. - The ESLs will replace paper price tags, providing real-time pricing and product details, and will also highlight discounts and promotions [2][4]. Group 2: Operational Benefits - The ESL system automates manual price updates, reduces paper usage, and allows staff to focus more on customer service [2]. - The technology will integrate with existing digital shelf-edge cameras to help identify stock shortages and improve replenishment speed [2]. Group 3: Digital Transformation Strategy - The ESL rollout is part of a broader digital transformation program at Morrisons, which includes shelf-edge cameras, a digital task management system, and trials of AI-powered shopping trolleys [5]. - Morrisons plans to upgrade its in-store Wi-Fi to enhance digital connectivity and customer experience [3]. Group 4: Financial Performance - In a trading update for the 13 weeks ending July 27, 2025, Morrisons reported a 3% rise in like-for-like sales and an overall sales increase of 3.5% to £4 billion [6].

Core Insights - Silicon Laboratories, Inc. reported first-quarter revenues of $178 million, exceeding market expectations, with significant growth in both Industrial & Commercial and Home & Life segments [1] - The company reaffirmed its full-year outlook, projecting FY25 revenue of $785 million, with analysts anticipating upward revisions to consensus estimates following positive results [2][3] Financial Performance - Industrial & Commercial revenue reached $96 million, a 47% year-over-year increase, while Home & Life revenue was $82 million, reflecting a 99% year-over-year growth [1] - Analysts project mid-single-digit quarter-over-quarter growth for the third and fourth quarters, estimating sales of $203 million and $216 million respectively [2] Analyst Expectations - Benchmark analyst Cody Acree expects modest upward revisions to consensus estimates and maintains a Buy rating with a price target of $160 [5] - Needham analyst N. Quinn Bolton also reiterated a Buy rating, projecting a price target of $150 and forecasting over 20% year-over-year revenue growth for FY25, with a more aggressive estimate of 33% growth [3][5] Market Trends - The company’s end markets are recovering from cyclical downturns, with inventory levels returning to typical ranges, indicating a positive trend in customer and channel inventory management [2][4] - Growth in the second half of FY25 is expected to be driven by design wins in smart metering, continuous glucose monitors, and electronic shelf labels [4]