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BRIEF-Hudson's Bay Q3 loss per share $0.07

Published 2015-12-10, 05:24 p/m
© Reuters. BRIEF-Hudson's Bay Q3 loss per share $0.07
HBC
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Dec 10 (Reuters) - Hudson's Bay Co HBC.TO :
* Reports third quarter 2015 financial results
* Q3 sales C$2.6 billion versus I/B/E/S view C$2.69 billion
* Qtrly consolidated same store sales growth of 12.9%
* Says on a constant currency basis, consolidated same store sales increase of
2.0% in quarter
* Sees fiscal 2015 sales $10.7 to $11.2 billion
* Sees 2016 sales $14.2 to $15.2 billion
* Sees fiscal 2015 adjusted EBITDA $730 to $800 million
* Qtrly loss per share $0.07
* Company is lowering its capital expenditure guidance for fiscal 2015
* Sees fiscal 2016 adjusted EBITDA $800 to $950 million
* Lowering capital expenditure guidance for fiscal 2015, in respect of legacy
hbc and hbc Europe, to between $300 and $350 million
* Sees low single digit same store sales growth in 2015
* Previous fiscal 2015 capital expenditure guidance was $350 million to $400
million, net of landlord incentives
* Q3 earnings per share view C$0.02, revenue view C$2.69 billion -- Thomson
Reuters I/B/E/S
* FY 2015 revenue view C$10.75 billion -- Thomson Reuters I/B/E/S
* FY 2016 revenue view C$13.95 billion -- Thomson Reuters I/B/E/S

* Source text for Eikon ID:nBw2LSsL1a

* Further company coverage HBC.TO

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