Company Earnings UpdateASOS (LSE: ASC) 3Q19 Trading Update: Strong UK Demand but Operational Issues in the US and EU; Guidance Revised Down Coresight Research July 22, 2019 Executive Summary ASOS reported 3Q19 group revenues of £919.8 million, up 11% year over year on a constant-currency basis (up 12% year over year as reported). Active customers hit the 20 million mark. UK retail sales growth strengthened in 3Q19, while EU saw sales growth soften. US sales increased after a decline in the previous quarter. The company revised down its sales and gross margin 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: Three Data Points We’re Watching This Week, Week 12: US Retail and Consumer LatestThree Data Points We’re Watching This Week, Week 24: Consumer Sentiment Improves: US vs. ChinaThree Data Points We’re Watching This Week, Week 32: US Store Tracker ExtraGrocery Retailing—US Real Estate Insights: Value and Specialty Grocers Lead Store Expansion as Traditional Retailers Lag Behind
