Hudson's Bay Co. T.HBC

Primary Symbol: HBAYF

Consumer Cyclical

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.

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Hudson's Bay Co. > HBC is horribly managed

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Post by onec007on Jun 05, 2018 3:35pm

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Post# 28127991

HBC is horribly managed

under both Jerry Storch & Richard Baker. I think its too early to decide whether Helena Foulkes will be a good CEO, but I think it is encouraging that she stated that there are no sacred cows. I have always been critical of the company's strategy of operating in Europe. They should definitely sell out and hopefully break-even. A REIT is definitely off-the-table with the recent earnings announcement.

Disclosure: Bought and sold many times but currently own no shares. I'm just a shopper :)

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