Insight Report 2 minutes PremiumHudson’s Bay (TSE: HBC) 1Q16 Results: Increased Real Estate Investments Hurt Earnings; Still on Track for FY16 Outlook Coresight Research June 9, 2016 Executive Summary Hudson’s Bay Company reported 1Q16 revenues of C$3.3 billion up 59.4% year over year and in line with the consensus estimate. EPS was C$(0.53), missing the consensus of C$(0.39) and down from EPS of C$(0.27) in the year-ago quarter. The company’s comparable sales were up 4.4% in the quarter, though they declined by 1.0% on a constant-currency basis. Comparable digital sales were up 7.4% on a constant-currency basis. The company confirmed its previous full-year sales guidance of C$14.9–C$15.9 billion. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2024, Week 3: Greggs To Open 140 Stores in the UKShoptalk Europe 2024 Startup Pitch: All You Need To KnowUS and UK Retail Bankruptcies Latest, November 2023: Filings from Z Gallerie, Wiggle and OthersWeinswig’s Weekly: The Year of the Rabbit Is Here!
