Earnings Reports: Indigo Slides, and Audible Looks to Stronger 07 Indigo’s strong rebound has stumbled, hurt by comparisons to last year’s Potter-power period. The dominant Canadian retailer reported sales of $182 million (CA), with same-store sales down 1.2 percent in superstores and 3 percent in their smaller stores, as online revenue fell almost 10 percent, to $17.5 million. They also had a net loss of $1 million, compared to a net gain of over $1 million a year ago. Meanwhile, Audible continues to grow with the expansion of the digital audio market, though not as quickly as the company had […]
