RE: Share Price Year End17 Sep 2022 16:06
Oohhh, are we playing guess the price.. hmmm, let's see, inflation to start falling, spend to start increasing up to xmas.. and the Russians getting smashed! Assuming the 'mini budget' confirms the energy cap and subsidised for 2 years, plus what I would hope to be either a cut in vat, cut in tax for businesses and a stronger pound then yes, I can see back to low double digits on the cards by year end, buuuut, I can see headwinds for a while yet..
£8.50 for me!
2023 is key for ASOS, start well, communicate well, then it will do well, it's had the kitchen sink chucked at it, so hopefully better things to come..
Anyone know their item category margins, ie what sells for greater profit..? Am thinking own label should do well