Asda’s sales increased, whilst profits declined in 2022

Date : 31 March 2023

Alex Rowberry

Senior Analyst

The figures announced in Asda’s full-year 2022 results reveal that sales, excluding fuel, increased 0.01% to £20,452 bn. Despite this growth, profits excluding fuel were down 24% to £886m. Success for own-brand products and Asda Rewards Although like-for-like sales declined in the first…
To continue reading...
With a free account you can access:

In-depth articles on the latest developments in the industry

Free guides and whitepapers from our functional experts

Access to a range of topic-specific newsletters