The
Revenues increased by almost one percentage point to
Indigo attributed the gain to a more than doubling of its online channel, with growth of 113.6 per cent, buoyed by interest in core categories of reading, wellness, at-home learning and entertainment.
The retail store network says it is recovering but is still below normal levels after facing closures to stop the spread of COVID-19.
With no outstanding debt and a cash balance of
"Our team has put out extraordinary effort over the last eight months and meaningfully pushed our business forward notwithstanding the challenges of operating in a COVID environment," stated CEO
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Companies in this story: (TSX:IDG).
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