Final hours! Save up to 50% OFF InvestingProCLAIM SALE

BRIEF-Hudson's Bay Exec On Tariffs -Could Have Secondary Exposure, Particularly At Lord & Taylor & Saks Off 5th Through Suppliers That May Source In China - Conf Call

Published 2019-06-13, 09:28 a/m
© Reuters.  BRIEF-Hudson's Bay Exec On Tariffs -Could Have Secondary Exposure, Particularly At Lord & Taylor & Saks Off 5th Through Suppliers That May Source In China - Conf Call
HBC
-

June 13 (Reuters) - Hudson's Bay Co HBC.TO :

* EXEC- INVENTORY EFFECTIVENESS IS EVEN MORE IMPORTANT IN FINDING POTENTIAL CHANGES OUR INDUSTRY IS FACING RELATED TO TARIFFS - CONF CALL

* EXEC- WE HAVE A SMALL AMOUNT OF DIRECT IMPORTS FROM CHINA & HAVE BEEN PRACTICALLY TRANSFERRING PRODUCTION TO OTHER COUNTRIES - CONF CALL

* EXEC- WE COULD HAVE SECONDARY EXPOSURE, PARTICULARLY AT LORD & TAYLOR & SAKS OFF 5TH THROUGH SUPPLIERS THAT MAY SOURCE IN CHINA - CONF CALL

* EXEC- WE HAVE NOT YET SEEN ANY IMPACT FROM TARIFFS AND WE EXPECT WE WILL BE ABLE TO MITIGATE THIS CHANGE - CONF CALL

* EXEC - IF INCREASE IN TARIFFS GO IN PLACE, CO IS WELL POSITIONED GIVEN MORE THAN 70% OF REVENUE CO HAS IN CANADA IN LUXURY RETAIL- CONF CALL Further company coverage: HBC.TO

(Reuters.Briefs@thomsonreuters.com)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.