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: 3Q24 US Retail Inventory Insights: Apparel, Off-Price and Warehouse Club Retailers Expand Inventories for the HolidaysAnalyst Corner: Holiday Spirit, Bigger Budgets: US Consumers’ Plans for the Fourth of July, Labor Day and the Holiday Season, with Aditya KaushikNRF 2025: Retail’s Big Show: Day Three—AI Takes Center Stage on the Final Day of NRFThe STORE Framework for Driving Innovation in Retail
