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: Weekly US Consumer Sentiment, Flash Preview: The Big Surprise in a Week of Shocks—InfographicSentiment, Tariffs and Inflation—How Is the US Shopper Reacting? US Consumer Survey InsightsConsumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey InsightsInflation Up, Sentiment Down: Alarm Bells for the US Consumer Economy?
