Next week on the stock market
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What to expect from a selection of FTSE 100, FTSE 250 and selected other companies reporting next week.
This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.
Published on 20 October 2023
It was correct at the time of publishing. Our views and any references to tax, investment and pension rules may have changed since then.
What to expect from a selection of FTSE 100, FTSE 250 and selected other companies reporting next week:
*Events on which we will be updating investors
Read more about what's coming up in the tech world
ASOS has had a tough time lately. In last month’s trading update, we heard that fourth-quarter sales were down 15%, as a wet July and August drove a slowdown in the UK clothing market. Active customer numbers also slipped 9% lower across the full year, to 23.3m. That’s given investors plenty to be concerned about. If sentiment is to improve, ASOS’ full-year results next week are going to have to show some early signs that the ongoing transformation is bearing fruit.
The drive to trim inventory levels has made good progress so far, down around 30% year-on-year. But the discounts used to help clear this excess stock have hurt profits, and that action looks set
Read more on hl.co.uk
