Weaker loonie hits Indigo Books & Music

Indigo Books & Music says the weakened Canadian dollar has cost it $3 million from its bottom line.

Steve Randall
Indigo Books & Music says the weakened Canadian dollar has cost it $3 million from its bottom line. The firm has just reported financial results for the for its latest quarter with a net loss of $9 million (35 cents per share) compared with a loss of $14 million (55 cents per share) in the same period of 2014. Revenue was up by around $9 million to $189.4 million.
 

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