Indigo Books & Music Inc. announced earnings results for the third quarter ended December 26, 2020. For the third quarter, the company announced sales was CAD 365.426 million compared to CAD 383.737 million a year ago. Operating income was CAD 36.643 million compared to CAD 42.224 million a year ago. Net income was CAD 30.722 million compared to CAD 25.849 million a year ago. Basic earnings per share from continuing operations was CAD 1.11 compared to CAD 0.94 a year ago. Diluted earnings per share from continuing operations was CAD 1.09 compared to CAD 0.94 a year ago. For the nine months, sales was CAD 705.786 million compared to CAD 779.657 million a year ago. Operating income was CAD 65,000 compared to CAD 1.305 million a year ago. Net loss was CAD 18.401 million compared to CAD 13.675 million a year ago. Basic loss per share from continuing operations was CAD 0.67 compared to CAD 0.5 a year ago.