Streetbeat News

ASOMY

Asos plc

https://www.asosplc.com/

CEO

Nick Beighton

Industry

Electronic Shopping

Open

4.71

Mkt cap

546M

Volume

100

High

4.71

P/E Ratio

-1.27

52-wk high

5.89

Low

4.58

Div yield

N/A

52-wk low

4.11

ASOS Plc held its Q4 2024 earnings call, discussing financial results and strategies with key executives and analysts from various financial institutions.

Portfolio Pulse from

November 10, 2024 | 1:30 am

ASOS, a British online fashion retailer, anticipates a significant profit increase of at least 60% in its 2025 financial year. This forecast follows a successful turnaround strategy that involved reducing discounting and enhancing product offerings.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

ASOS PLC reported a 16% decline in sales to £2.9 billion, worse than the expected 15% decline. The company is facing challenges due to large-scale discounting.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Zalando reported a 300% increase in underlying profits for the latest quarter, with revenues rising by 5% to €2.38 billion. This performance highlights Zalando's strong position compared to ASOS.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

ASOS PLC's full-year results were underwhelming, but positives include no new profit warnings and an improved debt profile due to refinancing and the Topshop disposal.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

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