Booksellers

Canada’s Indigo reported fiscal first quarter sales Tuesday afternoon with sales falling $12.8 million (or 6.2 percent) to $192.6 million (CA). Superstore comp sales decreased 6.5 percent, small format stores fell 2.4 percent, and online sales were $5 million lower (or down 14.8 percent), at $28.8 million. But the company says the reductions were planned…

Pearson reported half-year results for 2019 on July 26, with sales down to £1.83 billion, from £1.87 billion the first half of last year. The sale of their US K-12 company reduced sales by £141 million, with the strengthening dollar adding £69 million. Adjusted operating profit was up to £144 million from £107 million last…

Barnes & Noble reported on June 19 what may be its last quarterly earnings statement in its waning days as a public company, and the numbers held few surprises. For the fourth quarter, sales were $755 million, down $31 million from a year ago, with same-store sales declining 2.3 percent. The net loss was $18.7…

As we told you was expected when correcting the NYT’s appraisal of how Indigo is “reinventing bookselling,” the company reported a poor fourth quarter to end a difficult fiscal year on May 28. For the fourth quarter ending March 31, sales of $199 million (CA) were $16.2 million lower, with same-store sales falling 8.7 percent…