General · 19 June 2026

Asda posts near £1 billion yearly loss

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.

By BriefTea Editorial · 19 June 2026 at 14:09

Reported by Reuters · How we write briefs

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