Posted over at ASOS14 Oct 2020 08:19
'Great results guys. But my very ware of the Kitty and Share Expert. Some what known as clowns in Boohoo. Its all about what the market expected. For instance, I see the 300% getting thrown around regarding profits before tax.
Guess what? In a statement released in August, ASOS said it expects revenue growth to be between 17% and 19%, with profits before tax in the region of £130m-£150m. Revenue sat at a 19% increase and profits before tax were at 142m. So we are in line with expectations.
I expect a rise today, 5%. Boohoo smashed expectations, yet these two clowns have been deramping it ever since. Come on guys?! Will you ever learn.'