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XXL

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Q1 results were released today. XXL-ASA-Interim-report-Q1-2024.pdf (xxlasa.com) EBITDA was actually positive, NOK 12 million (vs. NOK -45 million a year ago), but the result was still NOK 202 million in the red. Depreciations (depreciation, I’m not sure if it’s the same since the...
4/24/2024, 5:46 PM
by Jorma Peräs
14
I’ve been keeping an eye on this and today was the Q3 review, mostly just pinging about that. Even the already low expectations were too much for XXL. Revenue dropped by about 10% from last year and losses continued. Assets after the quarter were 782 (million NOK), net interest-bearing...
10/27/2023, 7:48 AM
by Divinesia
11
I wonder if XXL will still be able to secure financing to continue its operations? Or could we even end up in a situation where they start closing the largest stores and selling off inventory to competitors at a discount just to generate enough liquidity to cover essential expenses...
6/15/2023, 1:01 PM
by Kacey
9
shopping-center-loses-big-tenant/…` * That would be a translation of the link, which Rule 3 explicitly forbids. * What if I provide the headline *as* text? But the "content" is *only* the URL. If I add a headline, I am "adding content besides the translation" (Rule 8). * Therefore...
2/27/2024, 4:42 PM
by Huhtis
7
Last week, all Nike products were -40%, and this week the same applies to Adidas. Highly abnormal pricing, even with a “summer sale” underway. Doesn’t bode particularly well.
6/19/2023, 6:10 AM
by keso25
6
Below is a small piece of news related to XXL, about which @Arhi_Kivilahti has made a tweet. https://x.com/ArhiKivilahti/status/1864942654733054355 Here is the link that was in Arhi’s tweet: otp.tools.investis.com Intention to make a voluntary offer for XXL ASA
12/6/2024, 11:56 AM
by Sijoittaja-alokas
4
Sales and the cash shortage continue. "(MT Newswires) – Nordic sports retailer XXL (XXL.OL) is looking to raise 500 million Norwegian kroner through a proposed underwritten rights issue, according to a Wednesday release. The company plans to issue 1,250,001,065 new shares at 0.40...
8/17/2023, 9:10 AM
by Divinesia
4
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