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LONDON, July 15 (Reuters) - British online fashion retailer
ASOS reported a 21% rise in sales in the four months to
June 30 but said trading in the latter three weeks was more
muted as uncertainty over COVID-19 and inclement weather
impacted market demand.
ASOS, which sells fashion aimed at 20-somethings, said it
anticipated trading volatility to continue in the near term,
given the rapidly evolving COVID situation worldwide.
As a result, it expected its underlying growth rate for the
balance of its 2020-21 year to be broadly in line with the prior
year period.
ASOS expects its overall full year adjusted pretax profit to
be in line with its expectations.
The group said total revenue was 1.29 billion pounds ($1.79
billion) in the four months to June 30, up from 1.1 billion
pounds in the same period last year, as its active customer base
increased by 1.2 million to 26.1 million.
($1 = 0.7220 pounds)
(Reporting by James Davey; Editing by Alistair Smout)
ASOS (ASC)