North West Company Inc.

North West Company Inc.

56.73
CAD
+0.63
(+1.12%)
3.05EPS
17.11P/E
2.41BMarket Cap
Dec 09Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
31.87
33.54
37.02
38
40.78
41.35
42.96
48.39
46.59
49.15
51.77
53.91
54.32
55.08
Basic EPS, GAAP
1.33
1.3
1.44
1.59
1.38
1.78
1.7
2.87
3.21
2.55
2.71
2.87
2.92
2.97
Free Cash Flow per Basic Share
0.76
1.3
1.18
0.99
0.4
1.08
0.81
5.4
2.69
1.37
2.24
2.39
2.94
2.71
Dividend per Share
1.12
1.16
1.2
1.24
1.28
1.28
1.32
1.38
1.46
1.5
1.54
1.58
1.62
1.64
Book Value per Share
6.66
6.79
7.37
7.58
7.4
8.17
8.49
10.11
11.77
13.2
14.39
16.17
16.85
17.62
Tangible Book Value per Share
5.61
5.63
5.93
6.07
5.78
6.44
6.62
8.37
10.05
11.49
12.7
14.45
15.14
15.82
Basic Weighted Avg Shares
48
48
49
49
49
49
49
49
48
48
48
48
48
48
Sales/Revenue/Turnover
1,543
1,624
1,796
1,844
1,985
2,013
2,094
2,359
2,249
2,353
2,472
2,576
2,598
2,623
Operating Margin (%)
6.48
6
5.98
6.41
5.74
6.75
6.22
8.87
9.8
7.66
7.93
8.13
8.16
8.3
Depreciation Expense
38
40
44
48
56
82
89
92
91
98
105
116
121
124
Net Income, GAAP
64
63
70
77
67
87
83
140
155
122
129
137
139
142
Effective Tax Rate (%)
30.36
30.74
30.99
30.51
32.88
22.12
21.14
25.44
24.07
23.95
24.06
25.09
25
25.85
Profit Margin (%)
4.16
3.87
3.89
4.18
3.38
4.31
3.95
5.93
6.88
5.19
5.23
5.33
5.37
5.4
Working Capital
89
170
180
176
142
179
206
82
109
226
252
275
292
275
LT Debt
105
195
225
229
419
484
529
295
285
384
386
401
419
404
Total Equity
322
329
358
368
372
411
427
505
580
648
706
795
823
858
Return on Invested Capital (%)
14.49
13.27
13.38
13.98
11.02
12.46
11.02
16.74
18.33
13.92
13.87
13.59
12.91
12.62
Return on Capital (%)
14.49
13.03
13.31
13.92
10.12
11.33
10.1
15.84
17.73
13.19
12.91
12.49
11.82
11.62
Return on Common Equity (%)
20.77
19.3
20.32
21.25
18.45
22.87
20.37
30.9
29.35
20.49
19.7
18.85
17.75
17.61

Capital Structure

CAD

•

in mil. unless spec.
Jan'26
Apr'27
Jul'27
ST Debt
20
22
71
LT Borrowings
311
334
297
LT Finance Leases
107
106
107
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
47
47
Market Capitalization
2,304
2,411
2,408

Working Capital

CAD

•

in mil. unless spec.
Jan'26
Apr'27
Jul'27
Total Current Assets
557
609
603
Cash, Cash Equivalents & STI
90
130
102
Accounts Receivable, Net
109
109
127
Inventories
341
343
350
Total Current Liabilities
265
288
327
Payables & Accruals
244
266
256
ST Debt
20
22
71
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.83%
10.32%
3.54%
Free Cash Flow
63.02%
-1.52%
22.91%
Net Income, GAAP
9.44%
0.64%
1.59%
Sales/Revenue/Turnover
3.85%
2.01%
0.85%
Total Cash Common Dividend
2.91%
2.86%
2.56%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
618
646
637
675
2,576
2026
641
647
634
676
2,598
2027
632
682
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.53
0.74
0.74
0.86
2.87
2026
0.54
0.75
0.84
0.79
2.92
2027
0.57
0.77
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.39
0.39
0.4
0.4
1.58
2026
0.4
0.4
0.41
0.41
1.62
2027
0.41
0.41
- -
- -
- -

Company Description

CEO
Daniel G. McConnell
Full Time Employees
7,001
Sector
Retail trade
Industry
Specialty stores
Address
Gibraltar House Winnipeg MB Canada R3C 2R1
IPO Date
Apr 7, 1997
Business
The North West Company Inc. (NWC.TO) is a leading retailer of food and everyday products and services to underserved rural communities and urban neighborhoods in Northern Canada, Western Canada, rural Alaska, the South Pacific islands, and the Caribbean. The company offers a broad range of products including food, family apparel, housewares, appliances, and outdoor products; provides services such as post offices, income tax return preparation, quick-service prepared food, commercial business sales, money transfers, cheque cashing, pharmacies, fuel, financial services, and health products; and operates complementary businesses like wholesaling to independent stores, Giant Tiger junior discount stores in Western Canada, AC Value Center and Quickstop stores in Alaska, Cost-U-Less warehouse stores in Hawaii, American Samoa, Barbados, Cayman Islands, Curacao, Fiji, Guam, Sint Maarten, US Virgin Islands, and Roadtown Wholesale stores in the British Virgin Islands, as well as North Star Air cargo and passenger services and an investment in Transport Nanuk Inc. Founded with roots tracing to 1668 and headquartered in Winnipeg, Manitoba, the company operates approximately 220 stores serving communities with populations from 500 to 8,000, leveraging logistics expertise for remote locations and localization strategies for indigenous and lower-income customers. Recent developments include the ongoing Next 100 multi-year operational excellence program driving labor productivity gains, private label expansion, inventory optimization, data-driven promotions, and annualized incremental EBIT expected to ramp up through 2025-2026 with one-time costs for professional fees and technology investments; opening three new stores and converting one in Bethel, Alaska to an AC motorsports dealership in fiscal 2024; purchasing a PC-12 Pilatus aircraft and completing a hangar in Thunder Bay, Ontario in 2025; renewing its normal course issuer bid in November 2024 to repurchase up to 4.8 million shares; and increasing its quarterly dividend by 2.5% to $0.41 per share in September 2025.

Company News

  • The North West Company Inc. (NWC:CA) Q2 2027 Earnings Call Transcript

  • North West Q2 Earnings Call Highlights

  • The North West Company: A Remote Retail Fortress In A Policy-Driven North

  • The North West Company Inc. (NWC:CA) Shareholder/Analyst Call Prepared Remarks Transcript

  • The North West Company Inc. Announces First Quarter Earnings and a Quarterly Dividend

  • The North West Company Inc. Hosts Annual General Meeting and First Quarter Results Conference Call

  • The North West Company Inc. Hosts Annual General Meeting and First Quarter Results Conference Call

  • Manitoba Court Strikes Proposed Class Action Against The North West Company Over Nutrition North Subsidy Claims

  • The North West Company Inc. (NWC:CA) Q4 2026 Earnings Call Transcript

  • The North West Company Inc. Fourth Quarter Results Conference Call

  • The North West Company: Multi-Billion Dollar Tailwind Ahead

  • The North West Company Inc. (NWC:CA) Q3 2026 Earnings Call Transcript

  • The North West Company Inc. Announces Third Quarter Earnings and a Quarterly Dividend

  • The North West Company Inc. Third Quarter Results and Conference Call

  • The North West Company Inc. Announces Renewal of its Normal Course Issuer Bid

  • The North West Company Inc. (NWC:CA) Q2 2025 Earnings Call Transcript

  • The North West Company Inc. Announces Second Quarter Earnings and an Increase in the Quarterly Dividend

  • The North West Company Inc. Second Quarter Results and Conference Call

  • The North West Company Inc. Announces Appointment of Gregg Saretsky as a Director

  • The North West Company: Not Broken, Just Boring