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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: September 2023 Leading Indicators of US Retail Sales: Strong Wage Growth and Labor Market Signal Positivity for Holiday SeasonCoresight Bites: US Consumer Tracker—More Shoppers Cut Grocery Purchases Amid High Inflation AwarenessThinking Differently About Tech and Data To Drive Profit: The 3x3x3 FrameworkMay 2024 US Retail Sales Outlook: Retail Sales Growth To Slow Slightly Before Improving
