Indigo Books & Music Inc. reported earnings results for the first quarter ended July 01, 2023. For the first quarter, the company reported sales was CAD 179.17 million compared to CAD 204.56 million a year ago. Net loss was CAD 28.51 million compared to CAD 25.41 million a year ago.

Basic loss per share from continuing operations was CAD 1.02 compared to CAD 0.91 a year ago. Diluted loss per share from continuing operations was CAD 1.02 compared to CAD 0.91 a year ago.