FY22 Second Quarter Results Indigo delivers strong omnichannel sales meaningfully beating last year and pre-COVID 2nd quarter results
TORONTO, Nov. 9, 2021 /CNW/ - Indigo Books & Music Inc. (TSX: IDG), Canada's largest book and lifestyle retailer reported financial results for the 13-week period ended October 2, 2021 compared to the 13-week period ended September 26, 2020.
Revenue for the quarter increased 16% to $238.8 million from $205.3 million, exceeding both last year and pre-pandemic levels. It is worth noting that these results were achieved notwithstanding occupancy constraints in several key jurisdictions and footfall meaningfully below pre-pandemic levels in the central cores of most major cities.