What the analysts say - The verdict on Asda's Q2

By Michelle Russell | 17 August 2012

UK retailer Asda yesterday (16 August) booked an increase in second-quarter sales but sales slowed in the most recent three months of its financial year. CEO Andy Clarke said he was "proud" of the retailer's performance in the quarter, but analysts generally gave a mixed view of the performance.

just-food articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

UK retailer Asda yesterday (16 August) booked an increase in second-quarter sales but sales slowed in the most recent three months of its financial year. CEO Andy Clarke said he was "proud" of the retailer's performance in the quarter, but analysts generally gave a mixed view of the performance.

  • Unlimited access to all the latest global food news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-food market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-food:

More articles related to this one

Quote, unquote: just-food's week in words
The food industry was rocked this week with what is set to be the largest-ever takeover in the food sector: Heinz sold to Warren Buffett's Berkshire Hathaway fund and 3G Capital for US$28bn. The horsemeat saga trundled on, with arrests in the UK, as well as the first set of industry-wide tests. Results also poured in from the likes of PepsiCo, Mondelez International and Nestle.

HORSEMEAT: UK FSA publishes first test results
Results from the first set of UK tests on beef products for horsemeat have in the main cleared the country's retailers.

HORSEMEAT: Asda finds horse DNA in Greencore chilled sauce
Asda has recalled fresh sauce manufactured by private-label giant Greencore after finding horse DNA in the line - the first product outside the frozen aisle to become embroiled in the contamination scandal.

Market research related to this article

Asda UK: Consumer Profile
Asda UK: Consumer Profile is the result of Canadean’s extensive online consumer survey Asda in the UK, presenting uniquely detailed data on Asda’s end-consumers. It provides retailer profiles for both Main and Occasional consumers (determined by the ...

Sainsbury's and Tesco: Retaining market share during the credit crunch
Sainsbury's initial campaigns promoted brands, own label products, and buying basic ingredients. As the credit crunch continued, Sainsbury's launched Live Well for Less. Tesco emphasized price in 2008 with the Discount Brands scheme, and in 2011 with...

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page