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.

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Hudson's Bay Co. > No catalyst to move it higher

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Comment by hester23on Apr 26, 2019 2:49pm

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Post# 29676241

RE:No catalyst to move it higher

Yes and no... as much as I am frustrated by this stock I feel they are not dumb enough to not know that something has to be done.

The real question is - is if the execution of the plan to cut stores, shrink and focus on profitable lines (Saks etc.) and do something with the real-estate that is worth more than the entire retail arm is AGRESSIVE enough.

Anyway im in at 10.80 - picked some more up today at 7.10

Could be wrong but who knows

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