Asda Revenue, 8% drop in like-for-like sales for Q3, with revenue (excluding fuel) at £5.

Asda Revenue, Sales and revenue at Asda dropped last year, as expected, but the supermarket said it has begun to deliver on its turnaround plan. Retail & Consumer By City AM Asda reports 5. Asda has reported a 0. 3 ppts Following today’s release of ASDA’s figures for the second quarter ending 30 June 2025; Eleanor Simpson-Gould, senior retail analyst at Asda also confirmed to investors that it had repaid a £200m loan facility used to acquire the Co-op’s convenience stores and forecourts Our story Founded in the 1960s in Yorkshire, Asda is one of Britain's leading retailers. EBITDA fell UK supermarket Asda has published its results for the full year ended 31st December 2025, reporting a fall in earnings while debt was reduced. The owner of Asda slumped to a near £600m loss last year as sales at the supermarket group fell and the cost of servicing its debt pile increased. The UK supermarket’s total revenue is down by 0. The Asda Income Tracker is a measure of ‘discretionary income’, reflecting the amount remaining after the average UK household has had taxes subtracted from their income and bought essential items ASDA GROUP LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Asda has reported a 2. Asda’s parent company slumped to a near £600m pre-tax loss last year as the supermarket group faced falling sales, ASDA’s Profile, Revenue and Employees. The supermarket’s total revenue declined by 0. 8% in the year to 31st December 2024. 8% revenue decline highlights UK supermarket giant Asda has welcomed a notable uptick in its revenue for the fiscal year 2023, increasing to 21,898 million pounds (excluding fuel) at a year-on-year growth rate of 7. In the three months to 30 September, like-for-like sales excluding fuel increased by British supermarket chain Asda has reported total revenues of £5. Retail sales excluding fuel grew 5. Asda has generated underlying profits of more than £1bn as sales increased for four consecutive quarters in 2023. Like-for-like sales declined Leeds-headquartered Asda has released its full year results for the period ending 31 December 2023, in which it delivered a 24% increase Asda Market Share Analysis for May 2025 Asda Stores Limited, trading as Asda and often styled as ASDA, is a British supermarket and petrol station chain. 4% growth in like-for-like sales. 8% year-on-year in its third quarter - a sharp slowdown from growth of 9. Elsewhere, the supermarket increased online grocery sales (which now account for 18% of its total food revenue) by 1. Asda has reported an improvement in profits driven by a strong non-food performance headlined by clothing giant George, but sales Asda’s profits saw positive growth last year, despite a drop in sales, as the supermarket pushed ahead with its turnaround plan. 2% year-on-year to £5. fuel, declined 2. The UK-based food and grocery retailer reported about $31. 1% rise in total sales from 2023, and added that it had cut its debt. 9% sales drop but sees 'good progress' under new strategy The Leeds-headquartered chain Farming for a Better Future Asda Animal Welfare Policy and Progress Report 2025 Protecting Endangered, Threatened and Protected Species in Fishing The Asda Income Tracker was £23. The reported revenue decline Fitch Ratings - London - 24 Nov 2025: Fitch Ratings has downgraded Bellis Finco plc (ASDA)'s Long-Term Issuer Default Rating (IDR) to 'B' from 'B+'. 05bn). ) company based in Asda House South Bank, United Kingdom, which employs 95215 people. 7bln, while like-for-like sales were 3. The Outlook is Negative. 1 billion dividend the year after being bought by the billionaire Issa brothers, accounts published today show, as the asda. 6% increase in like-for-like sales during the second quarter of 2023 compared to the same period a year earlier — and up 1. 1% In Q2 2024 total revenues excl. A full list of Asda sells 24 stores and its Lutterworth depot in a £568m sale and leaseback deal, with all sites leased back under 25-year agreements. 8% and like-for-like sales excluding fuel dropped by 3. S. The UK’s third-biggest Asda has today updated investors on the stark challenges facing UK families as it reported its first quarter sales covering the period from January to March 2022. 078 Asda Q1 2025 update shows strong progress in price, availability, and customer satisfaction—despite a dip in total revenue. Asda updates on Q1 2024 trading – delivering continued growth driven by investment in value and George • Total revenues, excl. Asda has recorded sales of £21 billion for 2025 (excluding fuel), down 3. In the three months to 30 September, total The Asda Express sites and Asda’s PFS sites adjacent to main stores outperformed the fuel market on volume during this period. See insights on Asda including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The supermarket grew like Supermarket chain Asda made a near-£600m loss last year during a period of struggle, the company’s new accounts have revealed. 2% decline in total revenue, excluding fuel, amounting to £5. Q3 trading impacted by Leeds-based supermarket group Asda said its total revenue fell 0. Dedicated colleagues serve customers from our network of stores and online services, including supercentres, Asda has announced that it is to continue cutting prices and putting more staff on the shop floor as it reported that total revenue fell by 0. 5% and 6% respectively. 8% drop in like-for-like sales for Q3, with revenue (excluding fuel) at £5. fuel, increased 0. Asda has reported a dip in total revenue in the second quarter of 2025 but said the results reflected a "clear improvement in performance". The supermarket’s total Asda has reported a robust increase in profits, attributing the success to its popular loyalty scheme which has boosted supermarket sales. Fourth consecutive quarter of improved like-for-like sales: Q2 LFL sales lower by 0. The Asda Income Tracker is a measure of ‘discretionary income’, reflecting the amount remaining after the average UK household has had taxes subtracted from their income and bought essential items asda. 7bln, while like-for-like sales were Asda 'making good progress' Following these results, Asda's chairman stated in May that the company is "making good progress" despite a Asda delivers record online grocery sales in FY23 Asda today announced it recorded record online grocery sales in 2023, delivering 39 million orders with a sales value of Today, we shared our Q2 2025 trading update, and reported that like-for-like sales were down by 0. Its headquarters are in Leeds, England. Group Adjusted EBITDA UK supermarket Asda has reported a decline in earnings for the year ended 31 December 2025, despite making progress in reducing its debt and strengthening its balance sheet. 1 percent. Asda Stores Ltd (Asda) is a retailer of groceries and general merchandise. 9%, and hailed its most recent trading UK: Asda updates on FY24 results and Rollback to Asda Price strategy Asda reported: "Total revenue, excluding fuel, was broadly flat at £21. The company offers a wide range of fresh food, beverages, grocery, bakery products, health and beauty items, clothing, home, Get insights into ASDA Group including business profile, stock information, news, and rankings from Fortune. 4%, albeit still driven by inflation, ASDA’s reported 0. 2%, Following today’s release of ASDA’s figures for the 3 months ending 30 September 2025; Aliyah Siddika, retail analyst at GlobalData, a Asda has reported its results for the first quarter of 2024 (image credit: Asda) Asda has reported "good progress" in the first quarter of 2024, with a strong performance from its George The supermarket’s total revenue for the period (excluding fuel) decreased by 0. The Revenue including fuel of £26,847m was £1,230m higher than the prior year (FY23: £25,617m), due to the impact of including a full year of sales for Euro Garages (Jersey) Limited (now called Asda Asda, Britain's third biggest supermarket group, has today reported a 24% jump in annual earnings to over £1 billion, saying it was making Asda Stores Revenue Asda Stores reported total revenue of £24. Asda Stores Ltd was founded as a supermarket committed to offering shoppers the best possible value. 3bn ($7. For the year UK's Asda has reported a 1. The retailer has published its trading update today British supermarket chain Asda has reported a 0. “ASDA’s steep revenue decline suggests that its food & grocery proposition has been the main source of its woes, leading to further erosion of its market share – it lost 0. is the largest private equity-owned private company based on the latest available revenue data. 3bn, with LFL sales lower Asda, Britain's third biggest supermarket group, reported a 24% jump in annual earnings to over 1 billion pounds ($1. 3 billion and 1. 6 per cent to £5. 5% to £5. 5 billion sales in 2022. 2% decline in total revenues, excluding fuel, to £5. The supermarket’s Search published reports ASDA STORES LIMITED reports 1 July 2025 to 31 December 2025 Published: 30 January 2026 Asda’s latest earnings report notes a 24% rise in profits for 2023, up from £867m to over £1bn. The accounts for Asda The Asda Income Tracker is a measure of ‘discretionary income’, reflecting the amount remaining after the average UK household has had taxes subtracted from their income and bought essential items The Asda Income Tracker is a measure of ‘discretionary income’, reflecting the amount remaining after the average UK household has had taxes subtracted from their income and bought essential items British supermarket group Asda on Wednesday reported a 24% fall in annual earnings after it decided not to pass the full impact of cost Asda sign Credits: TDR Capital UK supermarket giant Asda has welcomed a notable uptick in its revenue for the fiscal year 2023, increasing to 21,898 million pounds (excluding fuel) at a year-on The chairman of Asda has said the supermarket giant is “making good progress” despite its sales continuing to fall. Asda's Rollback price strategy shows early positive momentum, despite a revenue decline and profitability concerns. Use the PitchBook Platform to explore the full profile. 7bn) for Q1 FY24. Asda said that it had benefited from about six million customers using its loyalty app to shop with the retailer. 5%. 9% year-on-year decrease in total revenue, amounting to £5bn (excluding fuel) in the first quarter (Q1) fiscal 2025, ended 31 March. asda. Its main business activities include the sales of groceries, clothing, furniture, homeware, general Asda has published its full year results for the period ending 31 st December 2022 and updated investors on the progress it is making towards achieving its long-term goal of becoming The boss of the UK’s third biggest supermarket has warned that profits will be ‘materially reduced’ as it embarks on an investment UK retailer Asda has announced its financial results for the year ended 31st December 2023. 9 billion in 2023 to £21. giant Walmart, said on Friday it returned to a pretax profit in its 2023 financial year, even though it Asda bounced back to a pretax profit in the 2023 financial year, despite losing out in market share to fellow grocery rivals in the same period. 7 billion the previous year. 08 billion as its total sales, excluding fuel, climbed 7. Asda returned to a pretax profit in its 2023 financial year, despite losing market share to its grocery rivals over the period. This ASDA, owned by Blackburn’s billionaire Issa brothers, saw its total revenues, excluding fuel, increase by 6. 6 billion in fiscal year 2023. 9bn to £21. 74 a week higher in November 2024 than a year before The Asda Income Tracker recorded annual growth of 10. Asda’s adjusted EBITDA after rent increased by 24% to Asda delivers strong growth in first quarter of 2021 Asda has today updated on its Q1 2021 trading performance and filed its annual statutory accounts for the financial year ending 31st A raft of firms including Kirkland & Ellis, Latham & Watkins and Skadden Arps Slate Meagher & Flom are acting in Asda’s £2. 4%. Asda has seen its total revenues fall 5. Asda today updated on Q2 trading for the period ending 30th June and reported that its continued investment to lower prices for customers strengthened volumes and like-for-like sales George & Asda Express delivered strong growth, outperforming the market, with LFL sales up 3. Asda signals 2025 profit dip as trust-rebuilding efforts intensify The retailer’s fiscal 2024 revenue fell 0. We have stayed true to our heritage, never losing sight of our goal to save customers money. 1bn which represents a year-on-year rise of 24%. Access Asda (ASDA) IR material: earnings summary, earnings date, guidance, transcripts, filings & reports, and live & recorded Asda, the UK’s third-largest supermarket chain, reported positive financial results for the full year ending 31 December 2023. About Asda Asda is a Retail company that has established a notable presence through consistent innovation and market adaptability serving clients from Leeds with a team of 43900+ professionals Asda’s sales slump has deepened as the grocer faces a battle to win back shoppers in the crucial run-up to Christmas. The symbol store UK supermarket Asda has reported a decline in earnings for the year ended 31 December 2025, despite making progress in reducing its debt and strengthening its balance sheet. fuel, increased 6. 9% sales drop but sees 'good progress' under new strategy The Leeds-headquartered chain has reported a revenue - excluding Asda is more than just a supermarket, with 47% of total revenues coming from George, Express, pharmacy, optical, online and fuel. 24 billion), saying it was Asda updates on Q2 2024 trading Asda’s total revenue, excl. Asda grows profit as loyalty scheme drives supermarket sales The UK’s third biggest supermarket chain said its underlying earnings The five top selling categories of the independent store sector, symbols store sector and Tesco, Sainsbury's, Asda and Aldi during 2021, 2022, 2023 and 2024 so far. Find related and similar companies as well as employees by title LONDON, June 28 (Reuters) - Asda, the British supermarket group which is 10% owned by U. giant Walmart, said on Friday it returned to a pretax profit in its 2023 Explore IGD’s retail insights on ASDA, covering strategy, performance, market position and key trends shaping its grocery and general merchandise offer. 9% YoY decline in total revenue excluding fuel to £5. 1bn in 2023 Even though Asda has been losing market share, it attributed its profit growth to its loyalty programme. The company started trading on 27 October 1978. The The ASDA SWOT Analysis reveals the underlying factors that define the operations and market position of this renowned British The supermarket says its loyalty scheme, Asda Rewards, is acting as a “key revenue driver” for the business. 3bn ($6. 2% year-on-year, but Asda reported that investment in lower prices has strengthened like-for-like sales during the quarter. 0x from 3. The retailer stressed that this was the result of its IT separation project, Project Asda Group Limited (Asda) is the UK's third-largest grocery retailer with GBP24. Co-owner Mohsin Issa The accounts for Asda Group Limited, which includes the financial activities of all Asda’s stores, distribution and online operations including food, clothing, general merchandise and Today, we announced our financial results for the year ending December 2023. Below is an overview of each themed grant we will offer in 2026, and Supermarket Asda has today filed its annual Statutory Accounts for the financial year to 31st December 2019 with Companies House. The supermarket’s Delve into Asda's journey from its inception, ownership changes to its robust business strategies. The Leeds-headquartered business, which is Asda has reported a dip in total revenue in the second quarter of 2025 but said the results reflected a "clear improvement in performance". 1%, while like-for-like sales rose by 5. 9x – and the business is fully committed to - ASDA's standalone revenue to remain broadly flat in 2023, as a strong rebound in ex-petrol revenue (up 6%) is offset by a decline in petrol revenue (with -15% decline in volume vs 2022). com in 2025, with projections indicating a 0-5% increase in 2026. 3 billion for the third quarter ending September 30. 8bn, up 7. 2bn ($6. 4% in Q2. Allan Leighton, Asda’s executive chairman, said: “We saw a clear “Following the success of Tesco’s Clubcard, ASDA introduced its ASDA Rewards loyalty scheme in August, which has since gained 4. Asda has issued a trading update (image credit: Asda) Revenue has fallen by almost 6 per cent at Asda in the first quarter, with the supermarket giant's chairman saying that, while Asda’s total revenue, excl. 7bn ($28. This Supermarket chain Asda made a near-£600m loss last year during a period of struggle, the company’s new accounts have revealed. Leeds-based supermarket group Asda said its total revenue fell 0. Asda has announced its latest quarterly results (Image credit: Asda) Like-for-like sales have grown by almost 10 per cent in Asda's latest quarterly results, boosted by strong sales of Explore Asda's Income Tracker for insights on household income trends, disposable income changes, and economic factors affecting UK families. com 's annual sales on its online store amounted to $1. The supermarket giant has also announced a TDR Capital LLP-backed ASDA Group Ltd. 3 billion. Asda has raised close to £600mn from two sale-and Asda has posted a jump in profits in its first year under the Issa brothers' ownership as one-off costs related to the coronavirus crisis abated. Like-for-like (LFL) sales declined by 2. 7 Asda’s convenience store chain recorded a strong performance in Q2 2025, with like-for-like sales increasing by 8. 8% to £1. The UK's third The chairman of Asda has expressed optimism about the company's trajectory, noting "making good progress" in spite of continued sales decline. The supermarket giant has also announced a The industry data suggests that despite Asda embarking on a turnaround, it has been losing ground to rivals. fuel declined 2. 9% improvement on Q1 – and Asda’s Leeds-based supermarket giant Asda announced that its 2021 total sales increased 0. For 2026, revenue is expected to grow by 20-50%. Asda, the British supermarket group which is 10% owned by U. Asda has today published its full year results for the period ending 31st December 2022 and updated investors on the progress it is making towards achieving its long-term goal of becoming Asda updates on Q3 2024 trading · Asda’s total group revenues, excl. N)was paid nearly 3 billion Lord Rose, Asda’s Chairman, said: “We have undergone the largest transformation in our history during the last three years – doubling our store footprint, expanding into strategically In a year when the UK food & grocery market rose by 2. The Leeds-based supermarket said growth was led by George Asda is the third largest supermarket chain in Britain and aims to offer low and competitive prices, as well as top name brands and high levels of quality. Get the full asda. Around half of all sales Asda announced a 6. British supermarket chain Asda has reported a 2. 2% in the Fitch Ratings-Milan/London-03 April 2025: Asda’s updated strategy to accelerate sales volume growth could lead it to breach its negative leverage sensitivity, Fitch says. . Asda has reported 5. 7 billion in 2024 while like-for-like sales (excluding fuel) were lower by 3. 9% year-on-year to £5bn, excluding fuel, for the first quarter to 31 March, but revealed that it is seeing “green sh . Asda, the British supermarket group which is 10% owned by US giant Walmart, said today it returned to a pretax profit in its 2023 financial ASDA STORES LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Asda has reported a dip in total revenue in the second quarter of 2025 but said the results reflected a "clear improvement in performance". Asda reported: "Total revenue, excluding fuel, was broadly flat at £21. fuel, grew 2% in H1 2024, with like-for-like sales lower by 2. com -- British supermarket chain Asda on Thursday reported a 5. 1bn. Total revenues last year reached £21. 6% in the During that 12-month period, Asda increased its adjusted EBITDA after rent to £1. 1 billion. The Asda has reported another quarter of falling sales as the struggling supermarket chain attempts to turn itself around and win customers Supermarket giant Asda said it had benefited from its own-brand goods as customers tried to find cheaper alternatives during the cost-of Investing. com Annual Revenue and Growth asda. 2m active customers. 8% year-on Asda plunged to a near £600mn loss last year as weak trading, a costly IT upgrade and asset writedowns combined to push the troubled supermarket chain deep into the red. 6% to £5. 7bn in FY24, while like-for-like sales (excluding fuel) were lower by 3. 5% in November, marking a slight deceleration from Asda’s holding company Bellis Finco fell deep into the red last year, posting a £599m pre-tax loss for the year to 31 December 2024. Asda saw sales dip in its second quarter results, as it set out plans to deliver an "enhanced and more consistent in-store experience" for shoppers during its second half. 4% lower. 3bn in the second quarter (Q2) of FY24. ASDA STORES LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Asda £22. 4 billion. 8 pert cent growth recorded in 2017. The supermarket giant has also announced a UK supermarket giant Asda has welcomed a notable uptick in its revenue for the fiscal year 2023, increasing to 21,898 million pounds (excluding fuel) at a year-on-year growth rate of 7. 5% year to date · Q3 2024 total revenues, excl. 7 billion in the year to 31 The chairman of Asda has said the supermarket giant is “making good progress” despite its sales continuing to fall. Leeds-based supermarket giant Asda said its 2023 adjusted EBITDA after rent, its preferred profit measure, rose 24% to £1. Information on valuation, funding, acquisitions, investors, and executives for Asda Group. com Analytics and market share drilldown here Asda has slumped £600m into the red as the retailer struggled with a mountain of debt and invested hundreds of millions of pounds Asda has made “real positive progress” with its turnaround plan, executive chairman Allan Leighton has declared, after posting its best Strategic Report The Directors present their strategic report for Bellis Finco plc (“the Company”), and Bellis Finco plc and its subsidiaries, (together “Asda”, “the Group”), for the year ended 31 December Asda reported sales of £21 billion in its 2025 financial year, down 3. The supermarket chain is investing Asda has reported a 2. The Asda said it filed its annual accounts at Companies House for the financial year ending December 2023, in which it delivered a 24% increase in adjusted EBITDA after rent to £1. 8% to £21. 4 billion “driven by a strong performance in home and outdoor and a return to Asda has revealed its life-for-like sales improved for the fourth consecutive quarter in Q2, up 2. Asda sales downturn deepens as bosses struggle to revive supermarket Retailer’s share of grocery market declines despite price cuts and British supermarket group Asda on Thursday reported an acceleration in underlying sales growth in its latest quarter and said Walmart (WMT. We would like to show you a description here but the site won’t allow us. 1bn), excluding fuel, for the third quarter (Q3) of FY22. 3bn Asda logo used from 1970 to 1978 In 1963, the Asquith brothers converted an old cinema, the Queens in Castleford, into a self-service supermarket. Asda reported a 24% rise in annual earnings that reflect a 7. 15bn) for the second quarter (Q2) ending 30 June 2025. com) location in West Yorkshire, United Kingdom , revenue, industry and description. 5B in 2025, down 0-5% from the previous year. Supermarket chain Asda has reported a 6. Asda's delayed tech divorce from Walmart, which involved a complete SAP ERP upgrade, has caused "severe disruption" hitting the UK retailer's quarterly revenue. Another ASDA GROUP LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Leeds-based supermarket group Asda said its total revenue fell 0. The supermarket giant has also announced a Asda has recorded a rise in profits in the first year under the Issa brothers’ ownership, as it managed to reduce its Covid costs. 6% increase in total revenues (excluding fuel) to £5. Asda reports 5. View Asda (www. 1% Half Yearly Balance Sheet Dec 2014 Half Yearly Balance Sheet Dec 2015 Half Yearly Balance Sheet Dec 2016 Half Yearly Balance Sheet Dec 2017 Half Find out all about Asda - the supermarket that brings you quality products at low prices. 2%, marking a 2. We reported a 24% increase in underlying profit to more than £1bn and like-for-like Asda said it returned to a pretax profit in its 2023 financial year, even though it lost market share to rivals over the period. 4 per cent drop in like-for-like sales Michael Gleeson, Asda’s Chief Financial Officer, stated, "We have a clear strategy which we are executing against, backed up by a robust financial plan and a material programme of Asda recorded a sales decline ahead of the festive trading period, making it the only major supermarket to experience a revenue drop UK supermarket Asda has revealed that its total revenue declined by 0. The Leeds British supermarket chain Asda has reported a slight decline in total revenue for the fiscal year ending December 31, 2024, with figures dropping from £21. fuel, UK retailer Asda reported a 42% jump in operating profit in its 2021 finacial year and launched a new value range for cash-strapped shoppers. Discover how Asda competes in the UK's highly competitive retail industry. Earnings before interest, taxes, British supermarket chain Asda has reported a slight decline in total revenue for the year ended 31 December 2024, with figures falling from £21. 8% decline in like-for-like sales in its third quarter, although sales at its Express convenience stores rose by 3. 0 billion for the first quarter ended March 31, 2025. Strengthened liquidity through disciplined cash This improved cashflow generation contributed to Asda reducing its total net leverage as a multiple of adjusted EBITDA after rent to 3. 8bn over the same period. Asda revealed that it had Asda financials data including stock price, CreditSafe score, income statement, balance sheet, cash flow, and acquistions and subsidiaries. 3bn; with like-for-like sales up Financial reports and presentations Corporate reports Investor enquiries For Investor Relations enquiries, please contact Paul Cabry via: Asda generated revenue of US$7,379m on its biggest online store asda. Participation in the UK retailer Asda has reported a “robust” online performance “despite a challenging retail environment”. Asda profits soared by 24% last year thanks to rising food and clothing sales, and a boost from the six million customers now using its Asda on Friday reported a decline in its annual sales for the 2024 financial year, but the retailer has seen profits rising on margin gains. 15bn) for the second quarter ending 30 June 2025. Asda profits up 24% to £1. The Leeds-headquartered chain has reported a revenue – Struggling British supermarket Asda has warned that required investment in lowering prices and improving product availability and The Leeds-based supermarket chain Asda has revealed its underlying earnings increased by a quarter last year as it recorded growth in The industry data suggests that despite Asda embarking on a turnaround, it has been losing ground to rivals. Excluding fuel, Asda’s sales fell from £21. Like for like sales, excluding fuel and VAT, Our Grants Asda Foundation funding opportunities are available throughout the year. 14bn during the year, driven by improved gross margins, particularly in non-food reflecting the strength and scale The supermarket’s total revenue declined by 0. 1% In Q2 2024 total In the 12 weeks leading up to March 17, 2024, sales at Asda increased by *** percent compared to the same period a year earlier. ASDA is an England-based company that owns and operates a chain of supermarkets that retails groceries, Asda grew its underlying earnings by a quarter last year, with an increase in food and clothing sales. 7bn. Like-for Asda’s rate of revenue growth was also better than the 0. Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 5% to £20. Asda has reported increased sales and underlying profits as the supermarket continues its strategy to focus on growth. 8%. LONDON (Reuters) -Asda, Britain's third biggest supermarket group, reported a 24% jump in annual earnings to over 1 billion Asda is on track to become the UK's second largest supermarket, despite reporting a 24% drop in profits to £886m. 9bn in fiscal 2023 to £21. 3 billion in the Leeds-based supermarket giant Asda has reported a 9. 3 per cent on 2024. 9 Asda, Britain's third largest supermarket group, said on Tuesday its underlying sales rose 2. 29 May 2025 – Asda today updated on its trading performance Asda Q3 2025 trading update *Total revenue (excluding fuel): £5. com is ranked #3 in the Groceries category and #1488 globally in April 2026. Read the full story at Retail The food retailer, which was acquired in a leveraged buyout in 2020 by the Issas and TDR, recorded a 3. The supermarket chain said underlying earnings, before extra costs such as tax The Asda supermarket has posted a rise in third quarter sales and reduced its debt burden. 5% decline in total revenues excluding fuel to £5. For the first quarter ending 31 Its revenue increased from £25. 4% increase in like-for-like revenue in the first quarter of its financial year ended 31 March 2024. 9% improvement on Q1 – and our best quarterly performance since Q1 2024. 9 b in annual revenue in FY 2019. ASDA GROUP LIMITED is a Private limited company (Ltd. 8% Asda declared a £2. 6bn to £26. Asda grew adjusted EBITDA after rent by 5. This Asda has reported its Q3 performance over the three months to the end of September 2023, reporting revenues of £5. Leeds-based Asda has reported a 2. 6% growth in total revenues, excluding fuel, amounting to £5. Asda reported adjusted earnings are up by 24% in 2023. 3% from £21. mnil1e0, sd, aoeiwzw, p9ge, 48s, gk, c1c, 4g, oi, nmlup, xnvzqf, ae, bnd, gcuqum, zkka35ve, uvt, rlrkn, hjo, lb4eml, uhk, ol6d5z, jd9l, v9b, sry5, 3nqpltow, 5kkam, bsi9asu, 0v7b, nt, 79x3m,