Will Hudson’s Bay’s Investments Be Enough?

HBC Q1 2019 Results

Revenues totaled $2.1 billion, with comparable sales up 0.3%, excluding Home Outfitters and Lord + Taylor currently undergoing a review of strategic alternatives Digital sales increased 13.9%, excluding Lord & Taylor and Home Outfitters Saks Fifth Avenue comparable sales up 2.4%, continuing to deliver industry-leading results with a two-year stacked comp of 8.4% Saks OFF 5TH returned to growth, with a 4.4% comp in the first quarter

In 2018, HBC announced the closing of up to 10 Lord & Taylor stores and has completed five of those closings.

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