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The North West Company Inc. (T:NWC)

Business Focus: Supermarkets & Convenience Stores

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