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Asda grows profit as loyalty scheme drives supermarket sales to nearly £22billion

The UK's third-biggest supermarket chain said its underlying earnings, before additional costs like tax and interest, rose by 24% to £1.1billion over 2023, compared with 2022 ....

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Asda grows underlying earnings by 24%

Supermarket chain Asda has revealed its financial results for the full year ending 31 December 2023. ....

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Asda Reports Sales Slowdown Despite Loyalty Scheme Success

Asda, the UK's third-largest supermarket chain, has disclosed a slowdown in sales growth for the fourth quarter of its latest financial year ....

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FTSE 100 Live: Stocks near highs on 120-point gain; August rate cut hopes back

FTSE 100 Live: Stocks near highs on 120-point gain; August rate cut hopes back
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Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers

Earnings for UK supermarket giant Asda rose by a quarter last year on the back of repeat customers using store loyalty schemes. ....

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