Indigo Sales Fell 5.9% In Second Quarter

Sunday 19th May

Indigo Sales Fell 5.9% In Second Quarter

Posted at 9:32PM Wednesday 07 Nov 2012

Indigo Books & Music, Canada's largest book retail chain, reported that revenue in the second quarter ended September 29, declined 5.9%, to C$185.6 million. The company attributed the drop to a delay in the planned launch of new Kobo e-reading devices and the fact that it was operating seven fewer Coles book stores.

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