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 Beauty Retailing: Themes, Concepts and Innovators—Personalization, Tech Integration and Wellness To Drive ChangeThe New AI Unicorn—Reka AI Secures $110 Million from NVIDIA and Snowflake: What You Need to KnowRetail’s Alternative Revenue Models—Monetizing Media, Data and Infrastructure: Premium Subscriber CallAnalyst Corner: What’s Happening in Beauty Retail?—Analyzing Mixed Performance and Success Strategies with Madhav Pitaliya
