Indigo sales drop and loss widens as bookseller faces continued headwinds

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Indigo sales drop and loss widens as bookseller faces continued headwinds GlobeBusiness

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The bookseller’s net loss came in at $19.1 million or 69 cents per common share in the quarter compared with a net loss of $15.4 million or 57 cents per share in the first quarter of its 2019 financial year.

Source: News Formal (newsformal.com)

 

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globebusiness Not good news

globebusiness Aaah, guys, there’s something big here. Don’t bury this too; people appear to be shot at by police

globebusiness When our local chapters changed to indigo, they removed the discount book section. There’s no point in going to browse now. Like the rest of the mall, I’ll wander around on Christmas Eve looking for last minute gifts. Once a year is good thanks

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