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Asda Stores Total Sales, Excluding Acquisitions, VAT, Fuel, +7.1%

LONDON -(Dow Jones)- ASDA Stores, a British supermarket and subsidiary of Wal-Mart, said Thursday like for like sales for the three months ending March 31 was up 2.2%. MAIN FACTS: -Like for like 1Q sales, including the additional leap year day increased 5% excluding acquisitions, VAT and fuel. -Like for like 1Q customer numbers up 2.9% with basket spend up 2.1%. -Total sales, excluding acquisitions, VAT and fuel, grew by 7.1 per cent -U.K.'s gross profit rate, excluding acquisitions, relatively flat compared to the previous year. -Online business sales growth in the U.K. 19.2 per cent. -Asda's 1Q LFL, excluding both this week and the benefit of an additional day in the quarter due to the leap year, was 2.2 per cent. -By Mark Shapland, Dow Jones Newswires; +44 207 8429358; mark.shapland@dowjones.com

Stock News for Wal Mart Stores (WMT)
DateTimeHeadline
11/25/201415:52:52Wal-Mart's Chief Merchandising Officer to Leave--Update
11/25/201415:46:09U.K. Retailers Embrace Black Friday
11/25/201415:38:53MARKET SNAPSHOT: U.S. Stocks: Futures Rise After GDP Data
11/25/201413:38:26MARKET SNAPSHOT: U.S. Stocks: Futures Point To Further Highs...
11/25/201401:25:08Wal-Mart's Chief Merchandising Officer to Leave - Sources
11/24/201414:05:53Barnes & Noble's Secret Weapon for Black Friday: 500,000 Signed...
11/24/201410:20:07Wal-Mart Adds Former American Airlines CEO Horton to Board
11/21/201413:38:26Black Friday Is No Sure Indicator of Holiday Retail Sales
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11/20/201417:45:57Jana Partners Considers Nominating PetSmart Director Slate
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11/20/201412:27:26Best Buy Sales Bounce Back Ahead of Holidays -- 2nd Update
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11/20/201408:32:10Dollar Tree Posts Best Sales Figures Since 2011
11/19/201416:00:12Family Dollar Delays Vote on Dollar Tree Deal -- 4th Update
11/19/201414:35:07Family Dollar Delays Vote on Dollar Tree Deal -- 3rd Update
11/19/201410:14:26Family Dollar Delays Vote on Dollar Tree Deal -- 2nd Update
11/19/201409:45:01Family Dollar Delays Vote on Dollar Tree Deal -- Update
11/19/201408:45:18Target Posts Surprise Profit Increase--Update
11/19/201408:33:04Target Posts Surprise Profit

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