Join our community of smart investors

What to look for in Asos's full-year results

The fast fashion retailer expects healthy sales and profit growth next week
What to look for in Asos's full-year results

Shares in two Aim-traded online fashion retailers have flown upwards since the coronavirus took hold in the UK in spring. One outfit, Boohoo (BOO), took a temporary hit in the summer over allegations surrounding factory working practices that were subsequently upheld. The controversy didn’t stop Boohoo growing its half-year pre-tax profits by more than a half, as more shoppers opt for cheaper, faster fashion options from the comfort of their sofas, instead of braving the high street during a pandemic. 

IC TIP: Buy at 5,298p

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in