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Asda’s first like-for-like sales growth in two years

8/29/2026

39 8 Full Breakdown

Summary

Story summary

Asda recorded its first like-for-like sales growth in over two years, up 0.2%.
Food sales at established stores rose 0.7% during the seven-week period ending 18 August.
Overall Q2 2026 revenue increased 2.1% year-on-year to £6.5 billion.
Net debt fell to £3.5 billion while pre-tax loss rose 65% to £989 million.
Executive chair Allan Leighton said the Ocado home-delivery pilot will launch before the end of 2026.

History

Historical Context

On 11 April 2000 Tesco launched Tesco.com, the UK’s first large-scale online grocery platform, introducing home-delivery and reshaping supermarket competition. The move placed Tesco among the “big four” retailers, a group that now includes Asda, which in 2026 announced a pilot home-delivery service under Allan Leighton, echoing Tesco’s early digital push.

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Story summary

Asda recorded its first like-for-like sales growth in over two years, up 0.2%.
Food sales at established stores rose 0.7% during the seven-week period ending 18 August.
Overall Q2 2026 revenue increased 2.1% year-on-year to £6.5 billion.
Net debt fell to £3.5 billion while pre-tax loss rose 65% to £989 million.
Executive chair Allan Leighton said the Ocado home-delivery pilot will launch before the end of 2026.

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