Asda Boss Says Supermarket Chain Still Has ‘Plenty to Do’ in Turnaround as Sales Fall

Asda boss says supermarket chain still has ‘plenty to do’ in turnaround as sales fall

The boss of Asda has said the supermarket giant still has “plenty to do” in its turnaround after revealing a slump in sales and earnings over the past year.

Asda boss Allan Leighton says ‘plenty to do’ in turnaround as sales fall

The UK’s third largest supermarket chain revealed on Friday that sales, excluding fuel, dropped by 3.3% to £21 billion in 2025.

Asda revenue falls 3% to £21bn as turnaround continues – Northern Financial Review

Leeds-based supermarket group Asda said its 2025 sales, excluding fuel, fell 3.3% to £21 billion compared with the prior year. Asda also reported that its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) after rent fell 33.1% to £764 million. On fuel supplies, Asda confimed that all its forecourts are receiving their normal fuel deliveries, and sites are operating as usual. Asda is owned 67.5% by TDR Capital, 22.5…

Asda says company has 'plenty to do' as sales fall

The Leeds-based firm is trying to turn around a fall in sales as it battles big rivals

Asda boss says ‘plenty to do’ in turnaround after sales drop

The boss of Asda has said he has “plenty to do” to complete his turnaround of the firm after sales and earnings slumped.  The supermarket giant, the UK’s third largest, took £21bn of sales excluding fuel in 2025, down by 3.3 per cent, while adjusted earnings tumbled by a third to £764m. Asda’s executive chair Allan Leighton last month blamed Labour for piling costs on retailers, saying governments have become “more and more difficult” to deal wi…

Asda reports 3.3% drop in total sales

Asda has recorded sales of £21 billion for 2025 (excluding fuel), down 3.3 per cent on 2024. The retailer has published its trading update today (March 27) for the year ending 31 December 2025 which showed that its adjusted EBITDA (after rent) was £764 million, down 33.1% on the previous year. Its net debt was £3.1 billion, a £500 million reduction on 2024. According to the retailer, its Formula for Growth Strategy showed “clear progress” by re-…