Hudson Ltd. announced that due to the very rapid and severe downturn in travel that commenced in the last two weeks of March, the company is withdrawing all financial guidance provided on March 11, 2020 in its fourth quarter and full year 2019 earnings call. For the first quarter ended March 31, 2020, the company now expects to report that net sales decreased by 23.4% to $332.8 million from the year-ago period of $434.6 million. Like-for-like sales decreased by 22.5% from the year-ago period.