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The Weekly Closeout: Peloton drops free membership as Asos revenue falls over 18%
19 Apr 2024 16:19 GMT
… company’s fourth quarter 2023 earnings report.
Retail therapy
Stanley makes … adjusted group revenue fell at Asos during the first six months … year of continued transformation for ASOS as we take the necessary …
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Asos reports smaller loss before tax and improved gross margin in H1 2024
18 Apr 2024 10:42 GMT
… despite the revenue downturn, Asos improved its gross margin to … of continued transformation for ASOS as we take the … at pace.”
Looking ahead, Asos reaffirms its full-year guidance … 5% to 15%, positive adjusted earnings before interest, taxation, depreciation …
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Broker tips: AO World, Asos
17 Apr 2024 21:39 GMT
… price on fast fashion retailer Asos from 510.0p to 490 … the fiscal year.
Berenberg said Asos was making "significant progress … change to its earnings forecast was related to Asos' gross … margins," said Berenberg.
"ASOS trades on 0.3x 12 …
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Why the ASOS share price spiked 9% today after H1 results
17 Apr 2024 11:52 GMT
… -15%, the company expects underlying earnings to be “significantly” higher, … . And its CEO said: “ASOS is becoming a faster and … ambitions. Should I consider buying ASOS shares? As we know though … the realms of possibility that ASOS becomes “top-of-mind for …
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Asos losses widen, sales fall in first half but stock cuts ahead of target
17 Apr 2024 10:00 GMT
… profit a year ago.
Asos also named former Sainsburys and … and slashes stock levels.
Asos blamed the sales drop on … held guidance for positive adjusted earnings before interest, taxes, depreciation, … year of continued transformation for Asos as we take the …
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ASOS appoints new CFO as losses widen and sales fall
17 Apr 2024 08:46 GMT
… in the first half and ASOS confirmed it still expects sales … full year.
It said underlying earnings in FY24-25 are set … year of continued transformation for ASOS as we take the necessary … and cash generative business.
"ASOS is becoming a faster and …
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Asos losses widen as sales fall amid revamp plan
17 Apr 2024 08:12 GMT
… ago.
Online fashion firm Asos has revealed widening losses after … year.
The group said underlying earnings in the 2024-25 financial … year of continued transformation for Asos as we take the … and cash generative business.
“Asos is becoming a faster and …
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Asos losses widen to £120million as sales fall amid stock and inventory revamp
17 Apr 2024 08:02 GMT
… Images)
Online fashion giant Asos has reported that losses have … over the full year. Asos expects underlying earnings in the 2024-25 … year of continued transformation for Asos as we take the … and cash generative business. Asos is becoming a faster and …
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FTSE 100 Live: Stocks edge higher, inflation inches lower, ASOS...
17 Apr 2024 07:48 GMT
… 4.6 million of adjusted earnings (EBITDA) in the first … period.
However, ASOS’s £4.6 million of adjusted earnings (EBITDA) … a positive adjusted EBITDA.
ASOS also announced the appointment of … , while ASOS PLC (LSE:ASC) will provide an interim earnings report. …
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FTSE 100 Live: Stocks to dip, inflation inches lower, ASOS revenus...
17 Apr 2024 07:01 GMT
… .
However, ASOS’s £4.6 million of adjusted earnings (EBITDA) … .3 million this year.
ASOS reiterated its full-year guidance … a positive adjusted EBITDA.
ASOS also announced the appointment of … while ASOS PLC (LSE:ASC) will provide an interim earnings report. …