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ASOS – Q2 2015 trading statement; sales cheer, but margins fear

By Steve Moore | Friday 13 March 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


On the back of an update on trading to the end of February, shares in online 'fast fashion' retailer ASOS plc (ASC) have rebounded sharply, to currently more than 3700p. However, is the move justified?


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