|Bid||5,304.00 x 0|
|Ask||5,312.00 x 0|
|Day's range||5,300.00 - 5,544.00|
|52-week range||2,035.00 - 5,994.95|
|Beta (5Y monthly)||2.65|
|PE ratio (TTM)||30.59|
|Earnings date||08 Apr 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||4,263.19|
Clothes shoppers turned to online giant’s ‘casual wear’ while at home during pandemic
British online fashion retailer ASOS reported a 275% jump in first-half profit, driven by the popularity of e-commerce during the pandemic but was cautious on the short-term outlook given concerns about the economic prospects of its young customers. ASOS, which sells fashion aimed at 20-somethings, said its expectations for full 2020-21 year profit had increased in line with the first-half performance, but its outlook for the second half had not changed. CEO Nick Beighton said the group was well positioned to capture demand for products bought for social events and holidays when lifestyles normalised.
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