![]() That's up about five per cent from $179.4 million year over year. Strong sales helped push revenues to $189 million for the 13-week period ended Sept. The loss amounted to 33 cents per diluted share, compared with a loss of $10.1 million, or 39 cents, in the same period a year earlier. Indigo reported after markets closed Tuesday that it has narrowed its second-quarter loss to $8.5 million, boosted by higher revenues and improved margins. Sales at its two American Girl doll speciality boutiques that opened in the second quarter also boosted revenue, while sales at a third store location launched recently in Ottawa has exceeded targets, said Reisman. The Toronto-based company isn't forecasting any bestselling book titles that will boost sales dramatically during the Christmas holiday period, but said its lineup of toys, like those from the popular Disney movie Frozen, have helped increase revenues. ![]() ![]() Reisman didn't divulge where it may be looking to expand, saying only that the country's largest book, gift and specialty toy retailer is encouraged by results from the second quarter, which recorded double-digit growth across its lifestyle, paper, toys and electronics divisions, as well as its core trade book business. It once operated 95 superstores under the banner Chapters and Indigo, and 131 small format stores under Coles, Indigospirit, SmithBooks and The Book Company. The company now has four fewer superstores and two fewer smaller format stores in its latest quarter, compared to a year ago. "We are actively looking in a couple of markets," chief executive Heather Reisman told analysts during a conference call Wednesday. (TSX:IDG) says the company is scouting new locations. Offer is subject to change at the discretion of American Girl®.TORONTO - Despite closing three of its largest Toronto stores the year, the CEO of Indigo Books and Music Inc. We reserve the right to limit order and item quantities. No refunds or adjustments on previous purchases or orders in progress that have not yet shipped. Charges for personalized video messages, gift cards, shipping and processing, and sales tax donations to a charitable cause Doll Hair Salon Doll Hospital parties, dining, and food purchases Special Events tickets and returns, exchanges, and requests for delayed shipping are excluded, and do not count toward the qualifying dollar amount. Offer not valid at Indigo, or Chapters™ retail locations or websites. Additional charges and exclusions may apply for rush shipping, shipping outside of the US or Canada, and shipping large items. Once qualified, free shipping will automatically apply in your shopping bag at checkout. Purchase total must equal or exceed the minimum order requirement to qualify. ![]() Offer is subject to change at the discretion of American Girl®.ĭiscount applied at checkout See full terms Hide termsĮveryday Free Standard Shipping with a minimum order of $150 or more. ![]() Everyday Free Standard Shipping with a minimum order of $150 or more. ![]()
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