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Indigo Books and Music Inc T.IDG

Alternate Symbol(s):  IDGBF

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store in Short Hills, New Jersey. The retail network includes 87 superstores under the Indigo and Chapters names, as well as 84 small format stores under the banners Coles and Indigospirit. The Company also offers a marketplace assortment of giftable products, experiences, services, and subscriptions on www.thoughtfull.co. Its Retail operations are integrated with the Company’s digital channels, including the www.indigo.ca Website and the mobile applications, which are extensions of the physical stores and offer customers an expanded assortment of book titles.


TSX:IDG - Post by User

Post by Nosleepon Aug 13, 2021 10:23am
209 Views
Post# 33700287

Can anyone explain

Can anyone explain How the company dropped from 220+ million in cash to 80 million , I've scoured financials trying to figure this out. Maybe I'm just stupid lol.

from 229 million feb 4th to 84 million June 1 and now 80 million with yesterday's quarter, where did 150 million in cash go?
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