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Indigo Books & Music Inc T.IDG

Consumer Cyclical Specialty Retail
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

Indigo Books & Music Inc > Highest Volume in 10 Years, 699K traded
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Comment by TheNextBigThingon Aug 09, 2020 9:37am
92 Views
Post# 31384198

RE:RE:Highest Volume in 10 Years, 699K traded

RE:RE:Highest Volume in 10 Years, 699K traded

These earnings seemed to be much better then what some feared they could have been. I'm hoping to see this test $2 soon, and hopefully this will continue upwards after that from TA and momentum traders. 


No debt, good cash position, growing online sales, and rent relief expected to show on next quarter financials.

Hopefully sp momentum has turned. 

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