Insight Report 3 minutes PremiumHBC (HBC.CN) 2Q16 RESULTS: CHALLENGING ENVIRONMENT WEIGHS ON OUTLOOK Coresight Research September 7, 2016 Executive Summary Hudson’s Bay Company (HBC) reported 2Q16 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of C$81million versus consensus of C$50.6 million. Adjusted earnings before interest, taxes, depreciation, amortization and rent costs (EBITDAR) was C$263 million and above expectations of C$256 million. Total revenue was C$3.25 billion versus expectations of C$3.27 billion. The company currently expects sales, adjusted EBITDAR and adjusted EBITDA to trend toward the bottom end of its outlook range. 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: US Meal-Kit Market—Challenging Economic Environment Poses Growth HurdlesOnline Shopping in Focus—Amazon Is the Clear Winner; Walmart Is a Distant Second: US Consumer Survey Insights4Q23 US Livestreaming Tracker: Trust and Quality Drive Purchase Decisions in Live-Video CommerceFive Ways AI Is Being Used in Drugstore Retail
