HBC Chief Financial Officer Paul Beesley to leave the company

TORONTO & NEW YORK, 2017-May-03 — /EPR Retail News/ — HBC or the “Company” (TSX: HBC) today (May 2, 2017) announced that the company’s Chief Financial Officer, Paul Beesley, has made the decision to resign in early July in order to return home to Canada to be closer to his family. Mr. Beesley will continue in […]

Hudson’s Bay Company announces 2.5% retail sales increase to $4.6 billion in 4Q Fiscal 2016

Fourth Quarter retail sales increased 2.5% to $4.6 billion Fourth Quarter comparable digital sales increased 13.3% on a constant currency basis, up 20.9% at HBC’s department store banners Fourth Quarter Adjusted EBITDAR of $564 million and Adjusted EBITDA of $404 million Full year Adjusted EBITDAR and Adjusted EBITDA consistent with recent guidance Fourth Quarter net […]

Hudson’s Bay Company closes amendment to its asset-based revolving credit facility to increases total capacity by $350 million

TORONTO & NEW YORK, 2017-Feb-08 — /EPR Retail News/ — Hudson’s Bay Company (“HBC” or the “Company”) (TSX: HBC) is pleased to announce the closing of an amendment to its asset-based revolving credit facility (“Global ABL”) that increases its total capacity by $350 million to a total of $2.25 billion. Of this $350 million increase, $100 […]

Hudson’s Bay Company to release Q3 2015 financial results after market close on December 10, 2015

TORONTO & NEW YORK, 2015-11-26 — /EPR Retail News/ — Hudson’s Bay Company (“HBC”) (TSX:HBC) will release financial results for the third quarter ended October 31, 2015 after market close on December 10, 2015. Richard Baker, Governor and Executive Chairman, Jerry Storch, Chief Executive Officer, and Paul Beesley, Chief Financial Officer, will discuss financial results and other […]