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The North West Company Inc. (T:NWC)

Business Focus: Supermarkets & Convenience Stores

Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
 
See Regulatory Filings on SEDAR
Company Contact
Address: 77 Main Street, Stn Main
PO Box 835
WINNIPEG MB R3C 2R1
Tel: N/A
Website: www.northwest.ca
IR: See website
Key People
Hugh Sanford Riley
Independent Chairman of the Board
Michael T. Beaulieu
Vice-President, Canadian Sales & Operations, Northern Canada Retail, Central Division
Edward S. Kennedy
President, Chief Executive Officer, Executive Director
John D. King
Chief Financial Officer, Executive Vice President
Frank Kelner
President - North Star Air Ltd.
Daniel G. McConnell
President, International Retail
Alex S. Yeo
President - Canadian Retail
Craig T. Gilpin
Chief Operating Officer, Executive Vice President
Gary Merasty
Executive Vice President, Chief Development Office
Toby A. Noiles
Executive Vice President - Canadian Food Procurement & Marketing
   
Business Overview
The North West Company Inc is a Canada-based retailer of food and everyday products and services to rural and urban neighborhoods in Canada, Alaska, the South Pacific and the Caribbean. Its segments are Canadian Operations and International Operations. Canadian Operations consist of approximately 120 Northern stores, over five NorthMart stores, approximately 10 Quickstop convenience stores, over 34 Giant Tiger (GT) junior discount stores, a Valu Lots discount center, a Solo Market store, a Price Chopper store, Crescent Multi Foods (CMF) and approximately two North West Company Fur Marketing outlets. Its International Operations consist of approximately 27 AC Value Centers stores, over five Quickstop convenience stores, approximately 10 Cost-U-Less (CUL) mid-sized warehouse stores and an Island Fresh IGA Supermarket. Its everyday products and services include gasoline, pharmacy and financial services. The Company operates North Star Air Ltd, a Thunder Bay-based passenger airline.
Financial Overview
For the six months ended 31 July 2019, North West Company Inc revenues increased 5% to C$1.02B. Net income increased 20% to C$42.3M. Revenues reflect International-Food segment increase of 10% to C$356.3M, Canada-General Merchandise and Other segment increase of 4% to C$207.2M, Comparable Store Sales Growth Rate - Int increase from 1.3 to 5.3%. Net income benefited from International segment income increase of 46% to C$32.3M.
Employees: 7,925 as of Jan 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $1,848M as of Jul 31, 2019
Annual revenue (TTM): $2,066M as of Jul 31, 2019
EBITDA (TTM): $186.55M as of Jul 31, 2019
Net annual income (TTM): $93.63M as of Jul 31, 2019
Free cash flow (TTM): -$34.60M as of Jul 31, 2019
Net Debt Last Fiscal Year: $477.29M as of Jul 31, 2019
Shares outstanding: 49,146,599 as of Nov 4, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization