|Bid||0.00 x 7100|
|Ask||6,600.00 x 4200|
|Day's Range||5,358.00 - 5,570.00|
|52 Week Range||4,500.00 - 7,770.00|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||56.12|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7,401.43|
British online fashion retailer ASOS said its potential was "huge" as it narrowly beat forecasts with a 28 percent jump in 2017-18 profit and maintained guidance for its new financial year and beyond. Francis Maguire reports
Nick Beighton became the CEO of ASOS Plc (LON:ASC) in 2015. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Read More...
Disappointing trading updates from AMS and Atos, among others, and a cash call from Saab set a generally downbeat tone for corporate Europe on Tuesday.
Dunn, who has held the top finance job at Britvic since 2015, will remain in the role until the end of his notice period in April 2019. Britvic shares have gained around 10 percent in value since he succeeded John Gibney as CFO in November 2015. Dunn takes up the job at ASOS currently held by its Chief Executive Nick Beighton after Helen Ashton, CFO since September 2015, retired from the board on April 30.
ASOS Plc (LON:ASC), which is in the online retail business, and is based in United Kingdom, saw a double-digit share price rise of over 10% in the past couple of Read More...
The boss of Asos says the online retailer is eyeing a “significantly bigger prize” than its £4bn sales target as it unveiled bumper profits.
The boss of Asos was bullish on Wednesday as he revealed plans to plough more cash back into the business to turbocharge it after a jump in profits and sales. Investors have voiced concerns this year, reflected in the share price, about Asos’s aim to spend up to £250 million a year in the next few years to help build warehouses in Europe and the US. Chief executive Nick Beighton said: “Investment is important for future growth and we’re eyeing up a much bigger prize than where we’re currently at.
Profits at Asos have soared 28 per cent as the online fashion retailer delivered another strong set of results, in stark contrast to many of its high street competitors. While the outlook for traditional stores has become increasingly bleak in 2018 as shoppers switch online, sales at Asos jumped by £500m to £2.4bn for the year to 31 August. Asos shares jumped 15 per cent after the announcement on Wednesday morning, taking its valuation to £4.8bn.
The potential for British online fashion retailer ASOS is "huge" as the shift to internet shopping accelerates, the company said on Wednesday, sending its shares soaring as it beat profit forecasts and flagged years of double-digit sales growth. ASOS's current plans are for a 4 billion pounds ($5.3 billion) a year business, in terms of revenue, up from 2.4 billion pounds in the year to Aug. 31. "The opportunity for ASOS remains huge which is why we’re investing to capture it," he said.
Mid-caps stocks, like ASOS Plc (LON:ASC) with a market capitalization of UK£4.2b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. Read More...
The shares rose as much as 12 percent in London, the most in more than three years. Key InsightsRetailers like Asos that produce and sell their own labels continue to beat out rivals dependent on other companies. Unpredictable weather earlier this year caused the likes of Zalando SE to struggle.
Asos is giving you a way to do that using Google Assistant -- you simply have to say "Hey Google, talk to Asos" to summon its shopping bot Enki through your smart speaker or the Assistant app on Android or iOS. You can then tell Enki what listings you'd like to see, like say, fleece cardigans for layering or the newest additions to the store. Asos says it will use what it learns from this initial launch to continue improving and refining the feature.
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on ASOS Plc (LON:ASC) due to its excellent fundamentals in more than Read More...
LONDON (Reuters) - Danish fashion firm Bestseller United, the biggest investor in ASOS, the fast-growing British online fashion retailer, said on Thursday it would reduce its holding by selling a 2.4 percent ...
Unseasonable weather can play havoc with retailers' sales.So, with the high temperatures that Europe enjoyed this summer continuing into September, sales of coats and sweaters are bound to have taken a hit.
When ASOS Plc (LON:ASC) released its most recent earnings update (28 February 2018), I compared it against two factor: its historical earnings track record, and the performance of its industryRead More...
I am writing today to help inform people who are new to the stock market and want to learn about the link between company’s fundamentals and stock market performance. ASOSRead More...