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Indigo Has Big Fiscal 2014 Loss

Posted at 8:33AM Wednesday 28 May 2014

Indigo Books & Music's efforts to remake its inventory mix to include much more than books proved expensive for the fiscal year ended March 29, 2014. The Canadian chain reported a net loss of C$31 million in the year compared to net earnings of C$4.3 million in fiscal 2013. Sales slipped 1.3%, to C$868 million.

PW




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