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prada purse 7 cents per share, versus a loss of $0.3 million, or breakeven per share, in the third quarter of 2012.The company, the operator of Canada largest department store chain and North America's oldest continuously operating retailer, reported retail sales rose 5.8% to $984.1 million as total same store sales increased by 5.7%. rose 1.6%.third quarter results demonstrate continued sales momentum as we move into the key holiday season, said CEO Richard Baker. Taylor recorded its first quarterly same store sales increase since the third quarter of last year. The improvement at both banners was bolstered by the continued impressive growth of our e commerce business. e commerce sales jumped over 58% to $48.9 million in the most recent period.we would prefer our year to date performance to have been stronger, our investments in both store productivity and our omni channel platform have produced clear and promising results. We are confident that these investments are necessary and will benefit earnings over the long term," Baker said."Further, the addition of Saks will allow us to leverage these investments over a larger platform. and Canada and three shopping websites.The retailer is expecting to deliver some $100 million in synergies from the acquisition over the next three years. combination of our three iconic banners creates significant growth potential for our business, and it is our responsibility to ensure this potential is realized," the chief executive said.During the third quarter, sales at its Canadian Hudson's Bay stores were driven by strong apparel sales as well as ladies' shoes and handbags, and TopshopTopman stores. It opened five new TopshopTopman stores across Canada in the quarter, and completed big renovations at six locations in North America.Gross margin edged up to 40.2%, compared to 39% in the same period a year ago.Looking ahead to the crucial holiday season, the company forecast total sales of $1.37 to $1.41 billion in the fourth quarter and "normalized EBITDA" of $160 to $180 million, excluding any impact from the Saks acquisition.Shares of Hudson's Bay fell over 4.3% in Toronto trades on Wednesday, to $19.12, paring year