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Hudson Announces Date for Third Quarter 2020 Trading Update

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Hudson (NYSE: HUD) will release its trading update for the third quarter and nine months ended September 30, 2020, on November 3, 2020, before market opening. The announcement comes amid Hudson's pending acquisition by controlling shareholder Dufry AG Group. Notably, there will be no conference call to discuss the results due to this acquisition. Hudson operates over 1,000 stores in airports and tourist destinations, focusing on providing exceptional travel experiences. For more information, visit www.hudsongroup.com.

Positive
  • Hudson operates over 1,000 stores in prime travel locations, enhancing its market presence.
  • The upcoming acquisition by Dufry AG Group could strengthen Hudson's operational capabilities and market strategy.
Negative
  • No conference call will be held to discuss quarterly results, limiting investor engagement.
  • Pending acquisition may lead to uncertainty regarding future operational independence or strategic direction.

EAST RUTHERFORD, N.J.--()--Hudson (NYSE: HUD), a North American travel experience leader with more than 1,000 stores in airports, commuter hubs, landmarks and tourist destinations, today announced that it will provide a trading update for the third quarter and nine months ended September 30, 2020 before the market opens on Tuesday, November 3, 2020.

Due to Hudson’s pending acquisition by its controlling shareholder Dufry AG Group, the Company will not hold a conference call to discuss its results.

About Hudson

Hudson, a Dufry Company, is a travel experience company turning the world of travel into a world of opportunity by being the Traveler’s Best Friend in more than 1,000 stores in airport, commuter hub, landmark, and tourist locations. Our team members care for travelers as friends at our travel convenience, specialty retail, duty free and food and beverage destinations. At the intersection of travel and retail, we partner with landlords and vendors, and take innovative, commercial approaches to deliver exceptional value. To learn more about how we can make your location a travel destination, please visit us at www.hudsongroup.com.

Contacts

Investor/Media:
Cindi Buckwalter
VP of Investor Relations & Corporate Communications
investorrelations@hudsongroup.com
communications@hudsongroup.com

FAQ

When will Hudson announce its third-quarter trading update?

Hudson will announce its third-quarter trading update on November 3, 2020, before market opening.

What is the significance of Hudson's acquisition by Dufry AG Group?

The acquisition by Dufry AG Group may affect Hudson's operational strategy and market position.

Why won't Hudson hold a conference call for its results?

Hudson will not hold a conference call to discuss its results due to the pending acquisition by Dufry AG Group.

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