Asda sales drop as new owners unveil c-store expansion plans

Asda on the Move fascia

Grocery giant Asda has reported a dip in second-quarter sales on the day it unveiled expansion plans for its Asda On the Move forecourt store format.

For the period between April 1 and June 30, 2021, the grocer reported a 0.7% dip in sales to just over £5bn with adjusted EBITDA of £315m. 

While one-year like-for-like comparisons fell, Asda reported that two-year sales comparisons were up 3.1% for the period, excluding fuel. 

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