Canadian retailer Indigo reported results for their fiscal fourth quarter, ending April 1, with full-year sales passing $1 billion (CA) for the first time: Total sales for the year were $1.02 billion, up $25.6 million or 2.6 percent from a year ago. Adjusted EBITDA was $52.2 million, up from $43.1 million a year ago, though net earnings of $20.9 million were down from $28.6 million due to tax factors. Fourth quarter sales were $209.5 million — compared to $220.4 million a year ago, but that was a 14-week quarter. The company said comparable sales for the quarter were up 0.8 percent. Notably, […]
