General · 19 June 2026
Asda posts near £1 billion yearly loss
Graham Robson via Wikimedia Commons (CC BY-SA 2.0)
Shoppers could see lower prices as the grocer works to bring customers back, though its results were hit by major costs and weaker sales. Asda said on Friday its pre-tax loss for 2025 grew to £989 million, up from £599 million a year earlier. Included were £656 million in one-off charges, while sales including fuel dropped 3.4% to £25.9 billion.
Reported by Reuters · How we write briefs