Financial

XXL's struggles continue, warns on Q2

By 2023-06-15T07:31:00

xxl-asa

Persistent weak consumer demand, resulting in a need for aggressive pricing and promotions, continues to plague Norwegian retailer XXL ASA. The multi-country operator, slated to formally report Q2 results on July 14, is forecasting lower Ebitda, gross margin, and revenues for the period.

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