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ASOMF / Asos sales fall pushing profit towards low-end of hopes

Asos PLC reported a drop in sales in the fourth quarter and warned profit would be at the low-end of expectations as it continues to pursue its Driving Change agenda. In a trading statement for the period ended September 3, the retailer said sales fell 15% with the hot weather boosting sales in June followed by weaker performance in July and August amidst a deterioration in the UK clothing market. Read More

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Low end

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ASOMF

Posted: Sep 26 2023, 02:32

Author Name: Proactive Investors

ASOMF News

By Seeking Alpha
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ASOS Plc (ASOMF) Q4 2023 Earnings Call Transcript

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Asos: Is this the beginning of the end?

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By Proactive Investors
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By Proactive Investors
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Asos reported sale of Top Shop raises concerns about viability

Asos PLC rose 3.1% after reports that it is exploring a sale of the Topshop brand it bought from Sir Philip Green's collapsed retail empire less than

By Proactive Investors
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Retailers "vulnerable" as Boohoo, Asos stocks most-shorted, says GraniteShares

Boohoo Group PLC (AIM:BOO) and ASOS PLC (LSE:ASC) were the two most shorted companies in the UK on Monday, according to new analysis from global excha

By Proactive Investors
October 24, 2023

Asos delays results to complete audit; guidance unchanged

Asos PLC is delaying publication of its annual results by one week although it stressed financial guidance remained unchanged. The online fashion reta

By Invezz
October 23, 2023

Asos share price analysis and earnings preview: is it a bargain?

Asos (LON: ASC) share price has moved sideways in the past few months as investors assess the company's performance. The stock was trading at 400p on

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