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.

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Indigo Books & Music Inc > many people do not realize that book business is good

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Comment by Dollarboyon Nov 03, 2020 6:00pm

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Post# 31833932

RE:many people do not realize that book business is good

Report is out: https://static.indigoimages.ca/2020/corporate/Indigo-Q2-FY21-Report.pdf
5 CAD per share net cash. (137 MCAD)
Increased revenue in Q2 (July-Sept) yoy.

Strong cash flow. Tomorrow's conf call will give further information about Q2.

I did not expect 5 CAD net cash per share* by September 30th. Typically net cash trough in Sepember due to inventory build up ahead of black friday and Christmas.

If typical seasonal pattern repeats itself we will see north of 200 (!) MCAD net cash* on December 31st.

(*pre IFRS 16)

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