Indigo Books & Music Inc. reported earnings results for the second quarter and six months ended October 01, 2022. For the second quarter, the company reported sales was CAD 236.25 million compared to CAD 238.81 million a year ago. Net loss was CAD 15.9 million compared to net income of CAD 3.54 million a year ago. Basic loss per share from continuing operations was CAD 0.57 compared to basic earnings per share from continuing operations of CAD 0.13 a year ago. Diluted loss per share from continuing operations was CAD 0.57 compared to diluted earnings per share from continuing operations of CAD 0.13 a year ago.
For the six months, sales was CAD 440.8 million compared to CAD 410.89 million a year ago. Net loss was CAD 41.31 million compared to CAD 18.41 million a year ago. Basic loss per share from continuing operations was CAD 1.49 compared to CAD 0.66 a year ago. Diluted loss per share from continuing operations was CAD 1.49 compared to CAD 0.66 a year ago.