Asda narrows sales losses

Asda Hails Progress With Turnaround Plan After Sales Decline Slows

Asda has claimed that its ‘Formula for Growth’ turnaround plan is on track after posting first-quarter results that showed signs of improved performance. Over the three-month period to 31st March, the struggling retailer’s like-for-like sales progressed from a 4.2% fall (more…) The post Asda Hails Progress With Turnaround Plan After Sales Decline Slows appeared first on KamCity.

Asda Q1 sales dip 1.5% as turnaround programme progresses

Asda has seen total revenues excluding fuel fall by 1.5% to £5.0bn in the first quarter of the year, as the group’s turnaround programme continued to progress.   Amid the turnaround plan, the supermarket chain reported that like-for-like sales improved from a 4.2% drop in the previous quarter to a 0.8% decline, or 1.3% when adjusted for Easter. The group said its performance was driven by “strong operational inputs” and improved stock availabili…

Asda narrows sales losses

Drapers Asda narrows sales losses Asda reported an improved sales performance in the first quarter as total revenue excluding fuel fell 1.5% year on year to £5bn in the three months to 31 March 2026.The post Asda narrows sales losses appeared first on Drapers.