Latest News for ASOMY

Asos Pls (OTCMKTS:ASOMY - Get Free Report) is expected to be posting its results before the market opens on Tuesday, April 14th. Analysts expect Asos Pls to post earnings of ($0.4051) per share and revenue of $1.6538 billion for the quarter. Asos Pls Price Performance OTCMKTS:ASOMY opened at $2.98 on Tuesday. The stock has a

After ASOS PLC (LSE:ASC) last week reported improving first-half profitability, broker Shore Capital said the near-50% rise in underlying profit underpins full-year forecasts as the online fashion retailer continues its turnaround. The broker said trading is “developing in the right direction”, with gross merchandise value declines easing to 9% and sequential improvements through the half.

ASOS PLC (LSE:ASC) has reported a near-50% jump in underlying profits (EBITDA) for the first half of its financial year, as the online fashion retailer's turnaround continues to gain momentum. The improvement was driven by a higher gross margin, which rose to 48.5%, alongside lower return rates and tighter cost control.

British online retailer ASOS posted nearly 50% year-on-year improvement in its first-half adjusted core profit on Wednesday, driven by strict cost controls amid a business revamp.

British sportswear and fashion firm Frasers Group has increased its stake in ASOS to 29.26% from 28.42%, becoming the largest shareholder in the fast-fashion retailer, a filing showed on Monday.
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