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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. > Sell L&T for 50 cents/share....LOL
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Comment by onec007on Aug 28, 2019 11:22pm
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Post# 30077703

RE:Sell L&T for 50 cents/share....LOL

RE:Sell L&T for 50 cents/share....LOLI think the sale was pretty much negative to neutral. HBC still needs to pay $35 million annual for all of L&T leases as it is not part of the deal. Sure HBC operating losses are reduced but paying for lease obligations that you're not even using is pretty bad.
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