Canada’s dominant physical bookseller Indigo reported fiscal third quarter sales, through December 26, with revenue up 12.9 percent to $383 million (a $44 million gain), and net earnings of $52.8 million, up sharply from $33 million a year ago. Those gains came even though the chain had one less superstore and four fewer small-format stores than in the same period a year ago. The company had “high single digit growth in the core book business due to a combination of popular titles and a growing trend for adult coloring books” and even better “double digit growth in the general merchandise business,” which […]
