Hudson's Bay Co. T.HBC

It’s a date. Next Thursday before market opens

[Maxmoe]

So release likely Wednesday after close. Conf call in the morning where nobody cares what the quarterly earnings are. We want update on sale for $1.5 billion of European assets. We want update on valuation report. Doubt we get it same day. Management will talk about all the bad news they build into the quarter to scare investors into accepting a lowball bid like the crappy, and irrelevant, deal with tote. Press release from catalyst will come same day and be as informative if not more so than conflicted management song and dance. ‘Independent’ committee must be testing patience of regulators by now so I do expect something begrudgingly released. In case fellow longs don’t know, earnings can’t be released without board approval so there is no way there was not a board meeting before next Thursday. And no way an update from the independent committee wasn’t on the agenda formally or informally.