Tag Archives: SG&A

Saks Purchase Boosts Hudson’s Bay Q1

Hudson’s Bay

TORONTO-Fueled by its acquisition of Saks, Hudson’s Bay Co. posted net income of C$176 million (about $160.2 million) in its fiscal first quarter, compared to a net loss of C$82 million (about $80.4 million) in last year’s first quarter. The Saks acquisition, which closed last November, also drove Hudson’s Bay’s top line in the quarter,More »

Gordmans Profit Dives 72.5 Percent in Q3

Gordmans

OMAHA, Neb.-Jumps in expenses slashed into Gordmans’ bottom line in its fiscal third quarter, to the tune of a 72.5 percent decrease to $1.1 million. Selling, general and administrative expenses were up 11.8 percent in dollars and 229 basis points as a percentage of sales, to 42.7 percent. Gross margin was down 62 basis pointsMore »