|Bid||3,035.00 x 7100|
|Ask||3,042.00 x 4200|
|Day's Range||2,965.00 - 3,133.80|
|52 Week Range||2,114.00 - 7,770.00|
|Beta (3Y Monthly)||1.64|
|PE Ratio (TTM)||31.01|
|Earnings Date||Apr 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4,263.19|
Dec.17 -- Asos Plc plunged the most in 4 1/2 years after warning that its Christmas shopping season got off to a disastrous start, showing that Europe’s retail apocalypse is spreading from bricks-and-mortar stores to e-commerce. Lucy MacDonald, chief investment officer of global equities at Allianz Global Investors, discusses the state of the industry on "Bloomberg Markets: European Open."
Smart mirrors that display virtual make-up on customers, baskets that automatically ring up their contents, tablets for kids to design and customise their toys on the spot. Technology ravaged malls across America by allowing customers to shop online, but retailers now hope it is also the answer to luring them back in store. “Complacency will lead to extinction,” said Pravin Pillai, global head of retail industry solutions at Google Cloud.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of ASOS Plc (LON:ASC) as an investment opportunity by taking the expected Read More...
Next reduced its profit outlook by £4 million due to a lower margin on seasonal sales and higher operational costs despite good Christmas sales.
It previously suffered a near-collapse in January 2013, as the move toward online streaming services hit sales. KPMG has been appointed as an administrator and a buyer is being sought, HMV said. The shift away from CDs and DVDs to streaming services has only intensified since Hilco saved HMV six years ago, as Apple Inc., Netflix Inc. and Spotify Technology SA continue to dominate the battle for eyes and ears.
British fashion retailer Asos PLC/ADR (OTC: ASOMY) shares are down 44 percent since Friday after the company released a profit warning. Beighton reportedly said that November was a very material month for Asos from both a sales and cash margin perspective, and that it fell significantly behind expectations. Sports Direct International PLC ADR (OTC: SDISY) CEO Mike Ashley also reiterated how difficult November was for retail.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
By Muvija M (Reuters) - UK shares fell sharply on Monday, as a profit warning from online fashion store ASOS reverberated across Europe and reinforced woes about slow sales during the busy holiday season, ...
Online fashion group ASOS fuelled a Christmas crisis in Britain's retail industry with a profit warning highlighting a major downturn in trading last month, sending its shares 39 percent lower and unnerving rivals. The warning from ASOS, whose shares fell close to a four-year low, showed that even previously high-flying online-only clothing retailers were not immune to a deterioration in consumer sentiment. Stocks in other British clothing groups fell on fears of poor trading before Christmas when they do much of their business.
The online clothing seller issued a severe profit warning on Monday. To some extent, it’s a surprise that the first seasonal shocker has come from Asos. The conventional wisdom goes that internet retailers should be in a better position that beleaguered bricks and mortar stores when a squeeze on shopping comes.
Shares in Asos crashed 37 per cent on Monday after the online retailer warned it had experienced a “significant deterioration” in trading. Asos warned sales would grow 15 per cent in the year to August 2019 down from an expected 20-25 per cent while its profit margin will fall from 4 per cent to 2 per cent. Sales in the important trading month of November were below expectations and Asos said the outlook remains “challenging”.
Shares of U.K. fashion retailers were dragged lower after ASOS warned of difficult trading conditions and cut its full-year outlook.
The Signature Select Canadian Fund (Trades, Portfolio), part of CI Investments Inc., released its semi-annual portfolio this week, listing 20 new positions. Warning! GuruFocus has detected 2 Warning Signs with NCLH. Managed by Eric Bushell, the Toronto-based fund invests in a diverse assortment of Canadian companies to achieve long-term capital appreciation and dividend income.
ASOS Plc’s (LON:ASC) latest earnings announcement in August 2018 showed that the business gained from a strong tailwind, leading to a double-digit earnings growth of 29%. Below is a brief Read More...
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...
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.