Asda second-quarter sales boosted by later Easter

asda

Asda has posted an uptick in second-quarter sales, boosted by the later timing of Easter.

The supermarket giant recorded a 0.5% increase in like-for-like sales during the three months to June 30, while total sales grew 1.3%.

The number of transactions Asda registered during the three-month period dipped 0.2% in like-for-like terms. Gross profit and operating income also declined, though parent company Walmart did not reveal exact figures for those metrics.

Walmart said Asda enjoyed sales growth despite ā€œlapping difficult comparisonsā€ and warmer weather last year. It added that ā€œuncertainty surrounding Brexit continues to affect customersā€ in the UK.

 

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