ASOS Fourth Quarter Income Increased By 46%
< p > British < a href= "http://www.91se91.com/news/index_c.asp >" fashion business "/a > ASOS PLC (LON:ASC) this year announced the fourth quarter of fiscal year 2012-13 and the annual sales data.
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< p > up to the four quarter of August 31, 2013, ASOS PLC (LON:ASC) retail sales increased by 47% to 208 million pounds compared with the same period last year, of which the British market recorded an increase of 49%, and sales increased to 74 million 100 thousand pounds; the international market sales amounted to 134 million pounds, up 47% from the same period last year, accounting for 64% of total retail sales, slightly lower than that of 65% last year. Sales in the United States and Europe respectively increased by 59% and 59%, and sales increased to the pound and the pound respectively, while sales in other regions rose to pounds.
The company's total revenue was 212 million pounds, an increase of 46%, compared to 145 million last year, and gross margin rose by 460 basis points.
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< p > as of August 31, 2013, the number of active customers was 7 million 100 thousand, an increase of 42% over the same period last year.
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< p > retail sales increased 40% to 754 million pounds compared with 538 million in fiscal year 2011-12, and the British market increased 34% to 276 million pounds compared with the same period last year. The international market recorded a 44% increase, and sales increased to 478 million pounds, accounting for 63% percent of total retail sales, a percentage point higher than that in 2012, of which the US grew 57% to 77 million 680 thousand pounds, and Europe grew to 77 million 680 thousand pounds, while other regions grew to pound sterling.
Total revenue increased 39% to 769 million pounds over the same period, higher than analysts' average forecast of 745 million 600 thousand pounds, and gross profit margin rose 100 basis points.
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< p > > a href= "http://www.91se91.com/news/index_c.asp" > ASOS < /a > PLC (LON:ASC) chief executive officer < a href= "http://www.91se91.com/pioneer/" > a > < > > in the earnings report, the growth of the international market continues to be driven by countries with specialized websites and national teams. France, Germany, Italy and Spain contribute strongly to the European region, and the Russian performance of the US and the local language website has also been outstanding.
He pointed out that the company now forecasts that pre tax profits will be slightly higher than expected. Analysts predict that pre tax profits will increase to 53 million pounds from last year's 44 million 500 thousand pounds, and net profit can reach 39 million 380 thousand pounds.
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< p > ASOS PLC (LON:ASC) will be launched on Chinese website in October.
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< p > September 17th, the US investment bank Morgan Stanley (NYSE:MS) Morgan Stanley lowered its stock rating, from neutral (Equal Weight) to reduced (Underweight), so that ASOS PLC (LON:ASC), whose share price was once inserted 10%, rose to nearly 11% after the September 19th announcement.
At the time of the deadline, ASOS PLC (LON:ASC) reported 53.32 pounds, an increase of 10.32%.
ASOS PLC (LON:ASC) has risen 98.14% this year, and its market value has increased to 4 billion 300 million.
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< p > in mid August, UBS AG (UBSN.VX) UBS had raised the target price of ASOS PLC (LON:ASC) to 60 pounds.
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