In the third quarter ended December 26, revenue at Indigo Books & Music rose 12.9%, to C$383.2 million (about US$279.1 million), and net earnings rose 60%, to C$52.8 million (US$38.5 million). The company operated one less superstore and four fewer small format stores than in the same period in 2014.
Sales at Indigo and Chapters superstores open at least a year grew 15.5%, and sales at Coles and Indigospirit small format stores open at least a year grew 13.4%. Sales at indigo.ca, the company's e-commerce site, were up 17.9%.
CEO Heather Reisman commented: "As with every retailer, our third quarter is critical to the business and Indigo performed strongly across all categories and in all channels. We're incredibly proud of the Indigo team for delivering an outstanding assortment of books, gifts and toys, coupled with amazing service to our customers for the holidays."