After several profit warnings since the end of 2018, Asos reported an encouraging start to the year. The strong sales volume during the Black Friday weekend across all regions pushed total sales growth to 20%, beating the upper range of consensus expectations.
23 Jan 2020
Encouraging rebound
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Encouraging rebound
ASOS plc (ASC:LON) | 349 6.3 0.5% | Mkt Cap: 416.5m
- Published:
23 Jan 2020 -
Author:
Jie Zhang -
Pages:
2
After several profit warnings since the end of 2018, Asos reported an encouraging start to the year. The strong sales volume during the Black Friday weekend across all regions pushed total sales growth to 20%, beating the upper range of consensus expectations.