|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||44.51 - 45.76|
|52 Week Range||26.76 - 91.66|
|Beta (3Y Monthly)||3.54|
|PE Ratio (TTM)||35.15|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In February 2019, ASOS Plc (LON:ASC) released its earnings update. Generally, analyst forecasts appear to be bearish...
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Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In 2015 Nick Beighton was appointed CEO of ASOS Plc (LON:ASC). This report will, first, ex...
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The stock was still well below its 41.86 pounds level before a shock profit warning in mid December. The company, which sells brands ranging from Abercromie and Fitch to Superdry as well as its own collections like its ASOS Design label, is investing heavily in its technology platforms and infrastructure such as warehouses and distribution centres. "ASOS is capable of a lot more," said Chief Executive Officer Nick Beighton in a statement.
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ASOS's new U.S warehouse struggled to cope with demand in its latest quarter, hitting sales there and adding to challenges in France and Germany, the British online fashion retailer said on Tuesday. The news was the latest setback for the one-time market darling following a shock profit warning in December, and sent its shares down as much as 13 percent. Chief Executive Nick Beighton said the company's U.S performance was behind plan because higher-than-expected demand at its new facility in Atlanta caused a significant despatch backlog, which had now been cleared.
British online retailer ASOS said its new U.S. warehouse in Atlanta had struggled to cope with demand in its second quarter, resulting in a dip in U.S. sales and adding to challenges in the French and German markets. Chief Executive Nick Beighton said the U.S performance of the company, which targets fashion-conscious millennials, was behind plan because higher-than-expected demand at its new facility caused a significant despatch backlog, which had now been cleared. "These delayed shipments will be recognised in (quarter three) and U.S. trading is now regaining momentum," Beighton said on Tuesday.