Kantar

Asda Reports Slow Sales In First Quarter

Asda has reported that its underlying sales rose 1.4% in the first quarter, marking a slowdown from a growth of 2.2% in the previous quarter.

Grocery inflation in Ireland has fallen to 2.9% in the 12 weeks to 14 April 2024, according to up-to-date data from Kantar.

Sainsburys has forecast up to 10% growth in retail operating profit in its new financial year as it continues to win customers from rivals.

Grocery inflation in the UK fell in March for the 14th consecutive month, according to data from Kantar released today.

Asda reported a 24% rise in annual earnings that reflect a 7.1% rise in total sales from 2023, and added that it had cut its debt.

Irish grocery inflation rose 3.7% in the 12 weeks to 17 March, down 16% compared to last year according to the latest figures from Kantar.

Grocery inflation in the UK has reached its lowest level since February 2022 as it fell to 4.5% this month, Kantar has reported.

Dunnes Stores has remained as the supermarket with the highest market share in Ireland, data from Kantar has revealed.

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