0813 GMT - ASOS's improving profitability and rising margins isn't enough to keep investors happy, Matt Britzman, senior equity analyst at Hargreaves Lansdown, writes. After strengthening its foundations by clearing old stock and cutting costs, the focus shifts to growing sales without hitting profitability, Britzman says. Amid intense competition, the road ahead for the online fashion retailer looks bumpy, he says. Shares trade down 9.2% at 266 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
September 30, 2025 04:13 ET (08:13 GMT)
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