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February 11, 2022By Katy Hershberger

Indigo Sales Back to 2018 Levels

February 11, 2022By Katy Hershberger

Indigo announced results for their fiscal third quarter ending January 1, with sales of CA$431 million, up from $365 million last year and $384 million in 2019. (This is their fiscal 2022; but we’re using calendar years here for simplicity.) The company is back to its 2018 holiday sales level of $426 million, before its pre-pandemic decline, attributed to “a renewed interest in reading” and strong sales in the company’s lifestyle and toy businesses. Net earnings were $45.1 million, up from $30.7 million last year. The company’s shares rose sharply on the strong holiday sales report, gaining about 24 percent […]

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Filed Under: Earnings Reports, Publishers

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