Wal-Mart Stores, Inc. announced today (13th May) that ASDA had delivered a strong first quarter thanks to an increase in customer traffic driven by lower prices and strong seasonal events.
Comp sales (like-for-like), excluding petrol increased by 6.4%, taking into account an early Easter and the effect of the extra leap day (5% with these benefits stripped out). Total sales increased in the ‘high single digits’ for the period up to 31st March.
ASDA outperformed the market for the eighth consecutive quarter with market share up 0.3% year-on-year in the 12 weeks to 20th April. Wal-Mart also revealed a ‘healthy’ sales performance from ASDA in April, with strong fresh food sales.












