q1

Financials
Hudson’s Bay Struggles Through Q1 Despite Saks Gains

Although Hudson’s Bay has taken a number of significant steps to right its financial course, including winding down its Home Outfitters chain and selling its German operation, the company still posted a bigger first quarter adjusted net loss. The bigger loss came despite improvement at its Saks department store and off-price operations.

Financials
Costco Q1 Earnings Gain As Comps Advance

The first quarter provided a strong start to the new fiscal year for Costco as comparable store sales and net income both were up year-over-year.