HMV Canada reports YoY sales growth
HMV Canada has reported a 1% growth year-on-year in store sales for the first five months of 2013 while gross margin increased by 2.1%.
New product lines such as apparel and gift and collectibles were also up 20% from the same period in 2012. Audio and visual market shares improved by 4.2% and .6%, respectively.
Discussing the figures, Nick Williams, president and CEO, HMV Canada said: "Regionally, we saw strong performances in British Columbia, Nova Scotia and Ontario, which significantly contributed to these increases.
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