Sector: Consumer Non-Cyclicals | Industry: Food Retail & Distribution |
Company Contact | |
Address: | Gibraltar House; 77 Main Street WINNIPEG MB R3C 2R1 |
Tel: | N/A |
Website: | https://www.northwest.ca |
IR: | See website |
Key People | ||
Brock Bulbuck Independent Chairman of the Board | Vineet Gupta Chief Information Officer | Daniel G. Mcconnell President, Chief Executive Officer, Director |
John D. King Chief Financial Officer, Executive Vice President | Jim Caldwell President - Canadian Retail | Kyle A. Hill President of Alaska Commercial Company |
Frank W. Kelner Chairman and Chief Executive Officer - North Star Air Ltd | J. Kevin Proctor President - Cost-U-Less & Riteway | Jeffrey B. Stout President and Chief Operating Officer of North Star Air Ltd | Alison F. Coville Chief People Officer |
Business Overview |
The North West Company Inc., through its subsidiaries, is a retailer of food and everyday products and services to rural communities and urban neighborhoods in Canada, Alaska, the South Pacific and the Caribbean. The Company operates through two geographical segments: Canada and International. The Canadian segment consists of subsidiaries operating retail stores and complimentary businesses to serve northern Canada. The International segment consists largely of subsidiaries operating retail stores in the continental United States, Caribbean, and South Pacific. It operates approximately 225 stores under the trading names Northern, NorthMart, Giant Tiger, Alaska Commercial Company, Cost-U-Less and RiteWay Food Markets. Its stores offer food, family apparel, housewares, appliances, outdoor products and services such as post offices, income tax return preparation, quick-service prepared food, commercial business sales, money transfers and cheque cashing. |
Financial Overview |
For the nine months ended 31 October 2023, North West Company Inc revenues increased 6% to C$1.83B. Net income increased 8% to C$94.9M. Revenues reflect Canada segment increase of 8% to C$1.04B, International segment increase of 4% to C$785.6M, Comparable Store Sales Growth Rate - Gia increase from -17.3 to 7.7%, Retail Sales - Total increase of 6% to C$1.83B. Net income benefited from Canada segment income increase of 13% to C$96.7M. |
Employees: | 7,311 as of Jan 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2,217M as of Oct 31, 2023 |
Annual revenue (TTM): | $2,464M as of Oct 31, 2023 |
EBITDA (TTM): | $299.19M as of Oct 31, 2023 |
Net annual income (TTM): | $128.83M as of Oct 31, 2023 |
Free cash flow (TTM): | $33.23M as of Oct 31, 2023 |
Net Debt Last Fiscal Year: | $371.86M as of Oct 31, 2023 |
Shares outstanding: | 47,718,210 as of Mar 11, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |