XXL ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 08, 2024 at 01:22 pm EST
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XXL ASA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was NOK 2,049 million compared to NOK 2,264 million a year ago. Net loss was NOK 1,032 million compared to NOK 462 million a year ago.
For the full year, sales was NOK 7,961 million compared to NOK 8,426 million a year ago. Net loss was NOK 1,766 million compared to NOK 542 million a year ago. Basic loss per share from continuing operations was NOK 1.98. Diluted loss per share from continuing operations was NOK 1.98. Basic loss per share was NOK 2.15. Diluted loss per share was NOK 2.15.
XXL ASA, formerly known as Megasport AS, is a Norway-based retailer of sports and leisure equipment. The Company sells its products both online and in more than 90 stores across the Nordic countries and Austria. Its product portfolio comprises a range of products for sports, hunting, skiing, biking and other outdoor activities, as well as sportswear, shoes, health & fitness and sports technology products. XXL ASAâs operations are divided into five geographical segments: Norway, Sweden, Finland, Denmark, Austria as well as the HQ & Logistics segment. The Company has several subsidiaries, including XXL Sport og Villmark AS, XXL Sports & Outdoor Gmbh, XXL Sports & Outdoor OY and XXL Sports & Outdoor OY.
XXL ASA 
