Asda Returns to Growth for First Time in over Two Years Despite ‘Challenging’ Backdrop

Asda in ‘foothills of recovery’ as grocer returns to growth

Asda has posted sales growth for the first time in more than two years, marking a “major milestone” in the turnaround led by Allan Leighton on his comeback at the grocer.  The discount supermarket saw like-for-like sales excluding fuel grow by 0.2 per cent in the seven weeks to mid-August. Like-for-like food sales jumped by 0.7 per cent.  Asda has faced significant market share losses in recent years as it contends with intense competition from …

Asda returns to growth for first time in over two years despite ‘challenging’ backdrop

Supermarket chain Asda has returned to growth for the first time in over two years as the company said its turnaround strategy was making progress despite a “challenging” economic backdrop.

Asda Returns to Sales Growth After More Than Two Years as Turnaround Gains Traction

Asda published its Q2 results (Apr-Jun 2026) and has returned to underlying sales growth for the first time in more than two years, according to Shore Capital, providing an earlyRead More...

Asda Makes Major Turnaround as Sales Grow for First Time in Two Years

Asda has reported its first sales growth in more than two years, with boss Allan Leighton crediting lower prices and an improved online service for attracting more shoppers.The supermarket has struggled since its buyout, recording falling sales and profits while carrying a heavy debt burden and spending almost £1bn on an overhaul of its IT systems. Leighton returned to lead the retailer for a second time in November 2024, after a 20-year absence…