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Hudson's Bay Co. 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.


OTCPK:HBAYF - Post by User

Hudson's Bay Co. > I think the original Sears comment was
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Comment by skyplton Mar 23, 2017 10:54am
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Post# 26020031

RE:RE:RE:RE:RE:RE:RE:I think the original Sears comment was

RE:RE:RE:RE:RE:RE:RE:I think the original Sears comment wasHBC management has taken a few hits on this site as they have not come out with any announcements.  I am hoping this is a positive sign and that they have just kept calm and carried on in the midst of all of this.  Folks talk about the "Trump Bump" of which HBC certainly has not participated in.  They have been taking it on the chin because of all the retail woes out there.  Indeed, WRT the budget, here we go with a selloff apparently because of concerns about how capital gains would be taxed.  All rumour.  

Moving forward, I sincerely hope 5 April provides HBC management with an opportunity to provide us with some clarity.  So much bad news has been priced in that I am sincerely wishing (wishful thinking) they come out with a REIT hammer announcement.  Nice to dream.
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