Sept 12 (Reuters) - Hudson's Bay Co HBC.TO :
* QTRLY SAKS FIFTH AVENUE'S COMPARABLE SALES UP 0.6%
* HUDSON'S BAY'S COMPARABLE SALES DECREASED 3.4 PERCENT IN Q2
* HBC REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS
* Q2 REVENUE C$1.9 BILLION
* QTRLY COMPARABLE SALES DOWN 0.4% INCLUDING A 19% YEAR-OVER-YEAR INCREASE IN DIGITAL SALES
* HBC ANTICIPATES IT WILL RETIRE $429 MILLION TERM LOAN WITH A PORTION OF EUROPEAN TRANSACTIONS' NET PROCEEDS
* QTRLY LOSS PER SHARE - BASIC AND DILUTED FROM CONTINUING OPERATIONS $2.51
* QTRLY LOSS PER SHARE - BASIC AND DILUTED FROM TOTAL OPERATIONS $5.35
* QTRLY LOSS PER SHARE - BASIC AND DILUTED FROM DISCONTINUED OPERATIONS $2.84
* INVENTORY DISCIPLINE CONTINUED, WITH END OF QUARTER COMPARABLE INVENTORY DOWN 5 PERCENT YEAR-OVER-YEAR
* SETS QUARTERLY DIVIDEND OF $0.0125 PER SHARE
* "FOR HUDSON'S BAY, WE ARE WORKING TO FIX THIS BUSINESS TO RECAPTURE MARKET SHARE OVER TIME"
* EXPECTS $1.5 BILLION SALE OF CO'S REMAINING STAKE IN EUROPEAN REAL ESTATE & RETAIL JOINT VENTURES TO CLOSE IN FALL
* Q2 WAS BOLSTERED BY STRONG SALES THROUGH THE FIFTH AVENUE CLUB AND AN ACCELERATION IN DIGITAL GROWTH
* IN 2019, EXPECTS CAPITAL EXPENDITURES, NET OF LANDLORD INCENTIVES, TO MODERATE Y-O-Y, SPENDING BETWEEN $300 AND $325 MILLION
* HUDSON'S BAY'S COMPARABLE SALES DECREASED 3.4 PERCENT IN Q2