Hudson’s Bay Co profit surges

Retailer Hudson’s Bay Co saw net income increase by four times that of a year earlier in the quarter ended January 31.

Retailer Hudson’s Bay Co saw net income increase by four times that of a year earlier in the quarter ended January 31. The Toronto-based firm reported net income of $111 million or 61 cents per share on sales up 9 per cent to $2.632 billion. The firm continues to integrate the luxury Saks brand into its business. 

 

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