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North West Company Inc
TSX:NWC

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North West Company Inc
TSX:NWC
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Price: 52.82 CAD -1.42% Market Closed
Market Cap: CA$2.5B

North West Company Inc
Investor Relations

Nestled at the edge of the Canadian commerce landscape, North West Company Inc. has carved a unique niche by tapping into the farthest reaches of Canada's northern territories and remote rural communities. This company, with roots tracing back to the fur trade of the late 18th century, thrives where many traditional retailers dare not venture. North West Company operates retail stores in regions where the challenging logistics of transport and unpredictable weather can intimidate even the most seasoned enterprises. The company brings essential goods to communities that are often underserved or isolated, employing a blend of resilience and modern retail strategies honed over decades. By leveraging deep local knowledge and strategic distribution channels, North West Company efficiently navigates this difficult terrain, ensuring shelves are stocked and consumer needs met.

The revenue model of North West Company hinges on its ability to act as a lifeline for these remote areas, offering a range of products from everyday groceries to hard goods and pharmaceuticals. Its division into northern and southern segments enables the firm to cater to various market needs with precision. Sustainable growth is anchored on tailored offerings, often customizing goods based on unique local demands and cultural preferences. Through strategic alliances and long-term partnerships, North West Company secures supply chain reliability, further fortifying its position. With a diversified portfolio that extends to international locations, including the Caribbean and Alaska, the enterprise has mastered the art of transforming geographic challenges into rewarding commercial opportunities.

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NWC
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Last Earnings Call
Fiscal Period
Q4 2026
Call Date
Apr 8, 2026
AI Summary
Q4 2026

Quarter: North West said Q4 was challenging overall, with Canada weighing on results while International Operations delivered a solid offset.

Canada: Canadian sales were hurt by lower money in market, including the end of the Inuit Child First Initiative food voucher program and reduced Jordan's Principle funding.

International: International Operations posted strong gains, helped by a good Caribbean tourist season and market share gains in Alaska after a new store opened in Utqiagvik.

Margins: Gross profit margin fell as mix shifted, aircraft costs rose, and markdowns and shrink increased, partly due to weather-related delivery delays.

Outlook: Management expects Canada to remain pressured in Q1, while Child in Care settlement payments, the Next 100 program, and continued monitoring of fuel and freight inflation will shape the year.

Key Financials
Consolidated same-store sales
0.5%
Canadian same-store sales
-2.8%
International sales
5.4%
International EBIT
9%
Net earnings
-7.7%
Gross profit
-2%
Gross profit rate
-74 bps
Expenses
-1.1%
One-time Next 100 expenses
$1.3 million
Adjusted EBITDA
1.3%
Q4 2024 consolidated sales growth
4.9%
Q4 2024 consolidated same-store sales growth
5.4%
Q4 2024 Canadian same-store sales growth
6.7%
Q4 2024 gross profit growth
9.4%
Q4 2024 gross profit rate change
141 bps
Q4 2024 net earnings growth
18.9%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Daniel G. McConnell
CEO, President & Director
No Bio Available
Mr. John D. King C.A., C.M.A., CPA
Executive VP, CFO & Corporate Secretary
No Bio Available
Mr. J. Kevin Proctor
President of Cost-U-Less & Riteway Foods
No Bio Available
Mr. Vineet Gupta
Chief Information Officer
No Bio Available
Mr. Cole J.A. Akerstream
Vice-President of Corporate Development
No Bio Available
Ms. Alison F. Coville
Chief People Officer
No Bio Available
Ms. Leanne G. Flewitt
VP & Chief Transformation Officer
No Bio Available
Mr. Frank W. Kelner
President & CEO of North Star Air Ltd
No Bio Available
Mr. Jeffrey B. Stout
President & COO of North Star Air Ltd.
No Bio Available
Mr. Rex Allen Wilhelm
Vice Chair of NWCI - International Operations
No Bio Available

Contacts

Address
MANITOBA
Winnipeg
Gibraltar House; 77 Main Street
Contacts
+12049341756.0
www.northwest.ca
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