HBC.TO - Hudson's Bay Company

Toronto - Toronto Delayed Price. Currency in CAD
11.30
+0.01 (+0.09%)
As of 11:45AM EST. Market open.
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Previous Close11.29
Open11.32
Bid11.28 x 0
Ask11.30 x 0
Day's Range11.18 - 11.32
52 Week Range8.08 - 15.35
Volume102,052
Avg. Volume480,996
Market Cap2.06B
Beta0.75
PE Ratio (TTM)N/A
EPS (TTM)-3.84
Earnings DateDec 4, 2017 - Dec 8, 2017
Dividend & Yield0.05 (0.38%)
Ex-Dividend Date2017-06-28
1y Target Est15.10
  • Reuters5 days ago

    Hudson's Bay says no merit in appeal against Rhone investment

    Hudson's Bay said on Wednesday it had written consent for the equity investment from shareholders representing well over 50 percent of its outstanding common shares. Land and Buildings had filed the appeal with the Ontario Securities Commission, Hudson's Bay said.

  • Business Wire5 days ago

    Hudson’s Bay Company Responds to Appeal of TSX Conditional Approval for Rhône Capital Equity Investment

    HBC today provided a regulatory update in respect of Rhône Capital’s equity investment of U.S. $500 million in the form of 8-year mandatory convertible preferred shares, which was previously announced as part of a series of interconnected and strategic transactions with Rhône Capital, WeWork Companies and certain of their affiliates.

  • CNBC5 days ago

    Activist firm Land & Buildings files for review of Saks owner's equity sale to Rhone

    Firm says deal was dilutive and unfair to common shareholders. Company has said it was typical of such transactions and was negotiated at arm's length.

  • Reuters6 days ago

    Hudson's Bay investors want debt reduction, payouts from real estate proceeds

    As Hudson's Bay Co steps up the pace of extracting value from its $5 billion property portfolio, the department store chain's shareholders want it to reduce debt, return cash to them and not invest the proceeds in traditional retail operations. Hudson's Bay is not new to selling real estate, but its actions are under greater scrutiny amid rising tensions between the company and activist hedge fund Land & Buildings, which says it holds about 5 percent of the company. The fund wants the owner of Saks Fifth Avenue and Lord & Taylor to sell or convert stores to alternate uses and transform itself into a real estate play.

  • Reuters6 days ago

    Wal-Mart partners with Lord & Taylor to expand online fashion presence

    Wal-Mart Stores Inc (NYSE:WMT - News) said on Monday it will offer Hudson's Bay Co- (Toronto:HBC.TO - News) owned department store chain Lord & Taylor dedicated space on its website, as it looks to make deeper inroads into the fast-growing online fashion business. The world's largest retailer will start offering higher-end clothing and accessories from Lord & Taylor to its customers in spring 2018. The partnership will allow Lord & Taylor to open a virtual storefront on Walmart.com and boost customer traffic to its website by reaching a wider audience.

  • Wal-Mart partners with Lord & Taylor to expand online fashion presence
    Reuters7 days ago

    Wal-Mart partners with Lord & Taylor to expand online fashion presence

    Wal-Mart Stores Inc (NYSE:WMT - News) said on Monday it will offer Hudson's Bay Co- (Toronto:HBC.TO - News) owned department store chain Lord & Taylor dedicated space on its website, as it looks to make deeper inroads into the fast-growing online fashion business. The world's largest retailer will start offering higher-end clothing and accessories from Lord & Taylor to its customers in spring 2018. The partnership will allow Lord & Taylor to open a virtual storefront on Walmart.com and boost customer traffic to its website by reaching a wider audience.

  • Dollarama Inc. Shares Keep Rising: Should You Buy or Sell?
    The Motley Fool7 days ago

    Dollarama Inc. Shares Keep Rising: Should You Buy or Sell?

    Dollarama Inc.'s (TSX:DOL) EPS growth is slowing. How long will investors pay a multiple of over 30 times for its shares?

  • Investors Should Ignore the Noise: Hudson’s Bay Co. Is a Good Buy
    The Motley Fool10 days ago

    Investors Should Ignore the Noise: Hudson’s Bay Co. Is a Good Buy

    Hudson's Bay Co. (TSX:HBC) may have had some bad quarters recently, but investors could benefit from terrific long-term growth opportunities.

  • 2 Reasons Hudson’s Bay Co. Will Commit to its Real Estate Path
    The Motley Fool12 days ago

    2 Reasons Hudson’s Bay Co. Will Commit to its Real Estate Path

    Hudson’s Bay Co. (TSX:HBC) is exploring a new strategy and leadership appears poised to stick to it.

  • Signa sends Hudson's Bay details of financing for Kaufhof bid
    Reuters13 days ago

    Signa sends Hudson's Bay details of financing for Kaufhof bid

    Hudson's Bay, which also owns the Saks Fifth Avenue luxury department store chain, had said last week it would review Signa's offer for Kaufhof, but also called it incomplete, non-binding and unsolicited, with no evidence of financing. Signa gave Hudson's Bay a copy of a financing commitment letter from Austrian Raiffeisen Bank International AG for 700 million euros, which, together with a capital increase by Signa last month and the assumption of a 1.34 billion euro real estate loan from German bank LBBW tied to Kaufhof, fully accounts for the Kaufhof bid consideration, according a letter from Signa to Hudson's Bay dated Nov. 6 and reviewed by Reuters.

  • CNBC19 days ago

    Saks Fifth Avenue owner continues to face pressure, amid a bid for its European department store

    Its European rival lodged a bid for its German store, while its activist investor contested its recent liquidity play

  • The Wall Street Journal19 days ago

    [$$] Hudson's Bay Receives Offer for Galeria Kaufhof Stores From Signa

    Hudson’s Bay said it received an unsolicited offer for its German department store chain, Galeria Kaufhof, from its main rival in that country, but the company said the offer was incomplete and lacked ...

  • Reuters19 days ago

    HBC shares resume trade, extend gains after confirming Signa bid for Kaufhof

    Hudson's Bay Co shares extended gains on Wednesday, as trading resumed, after the company confirmed an earlier Reuters report that it had received a bid for HBC's German department store operation Kaufhof ...

  • MarketWatch19 days ago

    Saks Fifth Avenue parent Hudson's Bay confirms receiving offer for German business

    Saks Fifth Avenue parent Hudson's Bay Co. said Wednesday it has received an offer for its German business from Signa Holding GmbH, the owner of its main German rival, confirming market speculation. The ...

  • Reuters21 days ago

    Hudson's Bay, RioCan exploring sale of downtown Vancouver store

    A joint venture between Hudson's Bay Co (Toronto:HBC.TO - News) and RioCan REIT (REI_u.TO) is exploring the sale of HBC's flagship store in downtown Vancouver, the companies said Monday, stepping up efforts to extract value from the department store owner's substantial real estate holdings. Hudson's Bay, which owns Saks Fifth Avenue and Lord & Taylor, would lease back space in the property if it is sold, and continue to operate the store, according to a statement from both companies.

  • MarketWatch21 days ago

    Lord & Taylor deal with WeWork is a good way to use ‘less productive’ real estate

    Analysts say the deal between Lord & Taylor’s parent company Hudson’s Bay Co. and WeWork is a good way to monetize the company’s real estate

  • The Motley Fool24 days ago

    Hudson’s Bay Co. CEO Departs: Does This Signal a Shift Away From Retail?

    Hudson’s Bay Co. (TSX:HBC) is saying goodbye to its CEO Jerry Storch, a veteran in retail, as it mulls a move to real estate or privatization.

  • Retailers' holiday sales seen marred by Sears Canada liquidation
    Reuters25 days ago

    Retailers' holiday sales seen marred by Sears Canada liquidation

    Sears Canada's liquidation sales, which began last week, have disappointed early bargain seekers, but steeper discounts expected further into Canada's holiday shopping season are likely to squeeze rivals, analysts say. Sears Canada, which was spun off from Sears Holdings Corp. (NasdaqGS:SHLD - News) in 2012, is preparing to shut its doors in early 2018 after years of falling sales and sliding market share. For Canadian Tire (CTCa.TO), 43 percent of income before taxes for 2016 came in the fourth quarter.

  • Under Activist Investor Pressure, Hudson's Bay Sells Lord & Taylor Flagship Store
    Motley Fool26 days ago

    Under Activist Investor Pressure, Hudson's Bay Sells Lord & Taylor Flagship Store

    Hudson's Bay just sold the flagship Lord & Taylor store building in Manhattan to WeWork, and it plans to form a broader partnership with the fast-growing shared-office-space startup.

  • The Motley Fool26 days ago

    Hudson’s Bay Co. Cashes In on its Real Estate: Time to Buy?

    Hudson's Bay Co. (TSX:HBC) sold off one of its major real estate assets, moving in a direction to unlock value from its massive portfolio.

  • The Wall Street Journal27 days ago

    [$$] Lord & Taylor Sells NYC Flagship Store for $850 Million

    Real-estate startup WeWork has struck a deal to acquire Lord & Taylor’s flagship New York City store for $850 million, a move that will convert the landmark building into the startup’s headquarters next ...

  • CNBC27 days ago

    Hudson's Bay executive chairman offers insight into Lord & Taylor deal with WeWork

    Department stores have too much real estate, and shared work spaces need more. That's the basic concept that brought Lord & Taylor and WeWork together.

  • Reuters27 days ago

    Hudson's Bay to sell Lord & Taylor Fifth Ave building

    Both HBC Executive Chairman Richard Baker and Litt have made their mark as real estate investors, but now hold divergent views on the future of North America's oldest company, at a time when brick-and-mortar retailers are being challenged by nimble online operators. Under the deal, the Lord & Taylor building on New York's Fifth Avenue will become Softbank-backed WeWork's headquarters, with the space occupied by the store shrinking to 150,000 square feet (13,935 square meters), a quarter of its current size, after the 2018 holiday season, HBC said.

  • The Motley Fool27 days ago

    Hudson’s Bay Co. Sells its Flagship Lord & Taylor Building: Is This a Turning Point?

    Hudson's Bay Co. (TSX:HBC) looks to have responded to pressure from shareholders, as the company sells one of its key assets.

  • Baystreet28 days ago

    TSX Finishes Flat Monday

    Equities in Toronto gave up moderate gains by the closing bell, as weakness in energy stocks overwhelmed ...