Financial

Better margins but lower sales and market shares for XXL

2021-07-15T17:14:00

XXL

XXL ASA saw its revenues decline by 15.5 percent in the second quarter to 2,420 million Norwegian kroner €232.6m -$274.8m), as temporary store closures due to the Covid-19 pandemic and delays in the delivery of bicycles hit its top line. On a like-for-like basis, sales were down by 13.4 percent. ...

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