Canada’s dominant bookseller Indigo reported fiscal fourth quarter sales (for the period ending March 28, 2015). Sales nudged up marginally, at $186.2 million CA, while the net loss of $13.9 million was slightly lower than the net loss of $14.4 million a year ago. The revenue growth was “partly offset by a lower tax recovery and higher head office costs compared to the same period last year.” For the full fiscal year, sales of $895.4 million were up 3 percent (or $27 million.) Adjusted EBITDA grew to $20.5 million from just $100,000 in 2015. On a continuing operations basis, that […]
