Company Earnings UpdateASOS (LSE: ASC) 2Q19 Trading Update: Strong UK Demand, US Logistics Hit by Unexpected Jump in Demand, Guidance Unchanged Coresight Research March 20, 2019 Executive Summary ASOS reported 2Q19 group revenues of £658.5 million, up 11.0% year over year on a constant-currency basis (up 13% year over year as reported). US sales declined due to an unexpected surge in orders causing disruption. The company’s retail gross margin expanded 40 basis points year over year. The company maintained its previous guidance for FY19. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Retail in the Rest of 2025: Normalized Demand and Leaner Inventories Ahead of a High-Stakes Holiday SeasonFebruary 2025 US Retail Sales: First Year-Over-Year Drop Since the Pandemic—Electronics and Department Stores Lead DeclinesWeekly US Store Openings and Closures Tracker 2026, Week 2: Saks Files for Bankruptcy; Macy’s To Close More Stores; Amazon Plans New SuperstoreThree Data Points We’re Watching This Week, Week 31: US Consumer Sentiment, AI Investments and Canada Stores
