PINK:ASOMY
ASOS Plc Stock News
$4.49
+0.140 (+3.22%)
At Close: May 03, 2024
'Sell' ASOS says bank as concerns still linger, says bank
04:55am, Thursday, 18'th Apr 2024
Liberum has reiterated its 'sell' recommendation for ASOS PLC (LSE:ASC), with a target price of 360p, expressing concerns about the online retailer's recovery and financial health. In a detailed anal
ASOS's revenues fall 18%, adjusted losses widen
03:03am, Wednesday, 17'th Apr 2024
ASOS plc saw group sales fall 18% year on year in the 26 weeks to 3 March, with top-line revenues coming in slightly above £1.5 billion. Adjusted losses before tax (LBT) increased from £87.4 million
UK's ASOS sinks to first-half loss, names Dave Murray as CFO
02:10am, Wednesday, 17'th Apr 2024
British online fashion retailer ASOS sunk to a first-half loss but stuck to its annual guidance for an improvement, naming former Sainsburys and Amazon executive Dave Murray as its new chief financial
Asos still a 'sell' as Shein and second-hand platforms threaten - broker
09:21am, Tuesday, 09'th Apr 2024
Ahead of ASOS PLC (LSE:ASC) interim results next week, analysts downgraded forecasts due to expectations of persistent pressure on sales. Analyst Katie Cousins at Shore Capital cut her previous fu
ASOS, Boohoo agree to change green claims
05:34am, Wednesday, 27'th Mar 2024
Fashion retailers ASOS PLC and Boohoo Group PLC will change the way environmental credentials are displayed, described and promoted on their clothing, Britain's competition watchdog has announced. F
ASOS ‘will need to work hard' to stay competitive - analyst
10:21am, Tuesday, 26'th Mar 2024
Shore Capital Markets expressed caution on ASOS PLC (LSE:ASC) shares following the online retailer's half-year earnings and guidance. With sales down 18%, ASOS kept its full-year revenue guidance unch
ASOS follows the trend with sales slumping 18%
03:43am, Tuesday, 26'th Mar 2024
ASOS PLC (LSE:ASC) did little to buck the online fashion trend with a trading update on Tuesday. Sales in the six months to 3 March were down 18% for the online retailer, though this was hardly unexp
UK's ASOS posts 18% drop in first-half sales
03:10am, Tuesday, 26'th Mar 2024
Online fashion retailer ASOS posted an 18% drop in sales in its first-half period, and said for the full-year it continued to expect sales to decline by 5-15%.
ASOS, Boohoo facing downside as online-only retail under pressure - analysts
11:28am, Friday, 15'th Mar 2024
ASOS PLC (LSE:ASC) and Boohoo Group PLC (AIM:BOO) are both facing downside on the back of ever-increasing competition in the UK's online fashion sector, analysts have said. Coupled with a resurgence i
Boohoo, Asos shares in focus as H&M, Inditex earnings disappoint
03:28am, Friday, 15'th Dec 2023
British fast fashion companies will be in the spotlight after the relatively weak financial results by H&M and Inditex, the parent company of Zara and Pull&Bear. Boohoo (LON: BOO) share price jumped b
ASOS stock surplus “suffocates sales”, says Stifel
11:26am, Thursday, 30'th Nov 2023
ASOS PLC (LSE:ASC) has made progress on its 'Driving Change' agenda, but its balance sheet “still gives concern” due to its stock surplus, according to analysts at Stifel. Analysts at the brok
Asos removes diversity targets for management's annual bonus
08:07am, Monday, 27'th Nov 2023
ASOS PLC (LSE:ASC) management won't have to meet any diversity targets to achieve their bonus this year and are instead focused on attaining profitability. For the 2024 financial year, 75% of the reta
Mike Ashley's Frasers Group juggles its ASOS holding
09:19am, Tuesday, 21'st Nov 2023
Mike Ashley's Fraser's Group PLC has performed the corporate equivalent of musical chairs with its shareholding in ASOS PLC (LSE:ASC), the embattled online clothes retailer. While it has increased its
Buy Asos, Marks & Spencer shares, Deutsche Bank says
07:09am, Tuesday, 21'st Nov 2023
Asos (LON: ASC) and Marks & Spencer (LON: MKS) share prices drifted upwards on Tuesday after an upgrade by Deutsche Bank analysts. Asos shares rose slightly to 397p, higher than the year-to-date low o
ASOS Plc (ASOMF) Q4 2023 Earnings Call Transcript
06:03pm, Friday, 03'rd Nov 2023
ASOS Plc (ASOMF) Q4 2023 Earnings Call Transcript