Waterstones has filed financial results for the fiscal year through April 2015, and managing director James Daunt is engaging in his annual dance of walking back the bold proclamations he made to an always-eager press during the important holiday sales period. Amazingly, our analysis right now is exactly the same as what we said a year ago. Here are the facts: According to the company’s records filed with the UK’s Companies House, sales for the year ending April 2015 were £378 million, as the company lost money again — albeit with losses reduced to £1.9 million after taxes. The Bookseller says that […]
