ASDA - comment

Sales are falling, but more slowly, and market share is flat. This will be a relief to ASDA, but it still needs to establish the targeted price gap and is a long way from being able to focus on reducing the level of price support (estimated at £300m a year). We expect the support to continue into 2027, but with over £1bn in cash on the balance sheet (after a £500m sale and leaseback transaction), liquidity is not a concern. Management had guided Q4 sales and margins lower at the Q3 results, so the focus at the FY results will be on how quickly ASDA expects an improvement.

https://retail-systems.com/rs/Asda_Chair_Says_Government_Harder_To_Work_With_As_Sales_Fall.php

https://market.worldpanelbynumerator.com/en/grocery-market-share/great-britain/range