|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||31.81 - 33.05|
|52-week range||27.37 - 81.65|
|Beta (5Y monthly)||2.66|
|PE ratio (TTM)||18.53|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Asos has bowed to pressure from investors and revealed plans to move its listing to London’s main market after 20 years on Aim.
The online fashion retailer believes it has earned a place in the FTSE100 after 20 years on AIM
British online fashion retailer ASOS reiterated its already downgraded outlook on Thursday after supply chain constraints and volatile demand limited sales growth in its four months to Dec. 31 trading period. It posted total sales growth of 5%, following a 22% rise in the year to end August, and said gross margin decreased by 400 basis points to 43.0% driven by a need to discount goods and higher freight costs. For the full year it reiterated its outlook of revenue growth in the range of 10%-15% and adjusted profit before tax of 110 million pounds to 140 million pounds.