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Asda's First-Quarter Results: What The Analysts Said

Published on May 17 2019 1:00 PM in Retail tagged: Trending Posts / Barclays / Asda / Shore Capital / GlobalData / What The Analysts Said / Paywall

Asda's First-Quarter Results: What The Analysts Said

Walmart-owned Asda has posted a 1.1% decline in like-for-like sales in the first quarter of its financial year.

Commenting on its performance, Brett Briggs, Walmart chief financial officer, said, "We’re focused on continuing to execute the strategy to strengthen Asda’s long-term success, including the potential of an IPO at some point in the future. We’ll be thoughtful and measured in our approach."

Here's how leading retail analysts viewed its performance:

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