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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
08/24/201617:10:00More U.S. Retailers Probe Indian Supplier of 'Egyptian Cotton'
08/24/201617:03:00More U.S. Retailers Probe Indian Supplier of 'Egyptian Cotton'
08/24/201614:40:00Bed Bath & Beyond to Audit Egyptian Cotton Supplier
08/23/201618:58:42Statement of Changes in Beneficial Ownership (4)
08/23/201618:54:44Statement of Changes in Beneficial Ownership (4)
08/23/201618:49:50Statement of Changes in Beneficial Ownership (4)
08/23/201604:30:00Wal-Mart Probes Whether India Company Misrepresented Cotton Sheets
08/23/201602:58:00Photo-Me to Acquire Asda's Photo Business for GBP5.4 Million
08/22/201616:01:00CommerceHub Expands Partnership with Walmart, Adds Integration...
08/22/201609:10:00Target Cuts Ties With India Textile Company
08/19/201617:53:00Walmart and the Walmart Foundation Announce additional $1 million...
08/19/201603:03:00Store Overhauls Help Wal-Mart Boost Its Sales -- WSJ
08/18/201619:30:00California Reopens Some Commercial Routes as Wildfire Rages
08/18/201612:18:00Wal-Mart Lifts Profit Outlook as Sales Grow -- 3rd Update
08/18/201611:41:00Wal-Mart Lifts Profit Outlook as Sales Grow -- 3rd Update
08/18/201611:12:00Wal-Mart Lifts Profit Outlook as Sales Grow--2nd Update
08/18/201611:09:00Correction to Wal-Mart Earnings story
08/18/201608:49:00Wal-Mart Lifts Profit Outlook as Sales Grow--2nd Update
08/18/201608:48:00Asda Comparable Sales Slip Further in 2Q
08/18/201608:45:00Wal-Mart Lifts Profit Outlook as Sales Grow--Update

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