ReutersReuters

ASOS shares slump to near six-month low after company warns of revenue miss

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** British online fashion retailer ASOS ASC falls 11.3% to 260p, its lowest since April 9

** Stock top loser on the FTSE Smallcap Index (.FTSC), which is slightly down

** Online fashion retailer expects annual revenue to miss market expectations and profit to come in at lower end of 130 mln pounds to 150 mln pounds ($175 mln to $201 mln) forecast range

** Co, however, expects FY26 profit and free cash flow to be in line with market expectations

** As of last close, stock down more than ~40% YTD

($1 = 0.7441 pounds)

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