ASOS' Performance Continues to Improve Despite Slightly Soft Second Half -- Market Talk

Dow Jones

2025/09/30

0646 GMT - ASOS' full-year update points to a slightly weaker-than-expected performance in the second-half of the year, but overall its business continues to improve, Berenberg analysts write in a note. They expect total revenue at constant currency to have dipped 7% in the second half, leading to a 10% fall over the full year. ASOS' update shows gross margins continue to improve and they could go higher as it implements different sales and distribution models, they write. Shares closed Monday down 1.7% at 293 pence. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

September 30, 2025 02:47 ET (06:47 GMT)

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