Insight ReportHudson’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: New Technologies to Drive Retailer-Supplier Collaboration: Insights Presented at NACDS Annual Meeting 2025Mixed Sentiment Trends Ahead of August 1 Tariffs; Plus, Luxury Shopping in Focus: US Consumer Survey InsightsWeekly UK Store Openings and Closures Tracker 2025, Week 49: Claire’s Closes 150 Stores; Oliver Bonas To Open 20 StoresSustained Stimulus Measures Give Rise to Consumer Optimism: China Consumer Survey Insights
