Key Summary
- Asda Express convenience stores delivered 8.6 per cent like-for-like sales growth in Q2, outpacing the wider market.
- Total revenue slipped 0.2 per cent to £5.3bn, but the quarter marked Asda’s strongest performance since early 2024.
- Expansion continues, with 22 new standalone Express sites set to open from October.
Asda has reported a strong quarter for its convenience arm, with Asda Express stores delivering 8.6 per cent like-for-like growth in Q2 2025, outperforming the wider UK convenience market.
The performance comes as the retailer completes the integration of 469 Co-op and EG Group sites into the Express estate, underlining its growing presence in the local convenience sector. Asda said it will resume its standalone Express rollout in October, with the first new store opening in Castleford before up to 20 additional sites launch within a month.
Overall, the group reported total Q2 revenue of £5.3bn (ex. fuel), down 0.2 per cent year-on-year, while like-for-like sales were also down 0.2 per cent. However, this represented a 2.9 per cent improvement on Q1, marking the fourth consecutive quarter of improved trading and Asda’s best result since Q1 2024.
“We saw a clear improvement in performance during Q2, with volumes and like-for-like sales strengthening, driven by better product availability and our material investment in price. This widened the price gap over competitors and firmly re-established Asda as the best-value traditional supermarket,” Allan Leighton, Asda’s Executive Chairman, said.
Convenience isn’t the only bright spot. George at Asda continued its positive momentum with a 2.5 per cent rise in like-for-like sales, supported by the launch of its first standalone George concept store in Leeds.
Meanwhile, the retailer completed its Project Future IT transformation, migrating more than 2,500 systems away from former owner Walmart to its own platforms.
“The collective rate of completion did cause some temporary disruption with product availability and in our online experience, which will impact our sales outturn in the current quarter,” Leighton said.
“As planned, we expect to exit the year in like-for-like growth as we continue our investment in price to protect our customers from inflationary pressures. As we’ve said from the outset, transforming Asda will take time, but we remain confident in the direction of travel and the long-term potential of the business.”