By Adam Whittaker
ASOS said it expects full-year adjusted earnings to be in line with the lower end of its previously guided range, boosted by higher gross margins and cost efficiency gains.
The online fashion retailer said adjusted earnings before interest, taxes, depreciation and amortization for fiscal 2025 are expected to rise more than 60% on the prior year, and come in toward the lower end of its 130 million pound to 150 million pound ($174.6 million-$201.4 million) guided range.
Results have been supported by a roughly 350 basis point increase in gross profit margins and around 30% increase in profit per order.
For fiscal 2026, ASOS said it remains confident that adjusted earnings and free cash flow will be in line with consensus forecasts. The markets expect adjusted earnings of 173 million pounds and free cash flow of 8 million pounds, according to a company compiled consensus.
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
September 30, 2025 02:33 ET (06:33 GMT)
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