Thursday, May 30, 2019

Indigo Posts Fiscal 2019 Loss - Publishers Weekly

Today, Panzer made a quick trip to the Publishers Weekly site. With a little digging in the posts there he discovered one about Indigo Books and Music.

I'll watch them this year.
According to Publishers Weekly's Jim Milliot, Canada's Indigo Books and Music just reported their 2019 sales. Indigo's fiscal 2019 year ended on March 30 2019. The fiscal report shows sales were down 3 percent against fiscal 2018 sales. The company says store renovations, closures and other operating expenses contributed to the lower sales figure.

Panzer says, "Hmm ... One bad year doesn't mean anything as long as it doesn't continue into this year."

Note: This is a long-short post. Bring a cup of tea and half a muffin for today's reading selection.

To read the post tootle over to Indigo

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