Financial

XXL ASA’s Q2 profits dip 81% on lower sales

By Bob McGee 2022-07-15T06:46:00

XXL

XXL ASA experienced decelerating sales and waning consumer sentiment for sporting goods in its Scandinavian markets from mid-May, which continued through June, a typically important month for the category. With CEO Pål Wibe slated to step down from the executive position today over disagreements regarding the company’s strategic direction, CFO ...

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