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North West Company Posts Higher Fourth-quarter Profit and Revenue
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North West Company Posts Higher Fourth-quarter Profit and Revenue
Apr 9, 2025 1:31 PM

04:00 PM EDT, 04/09/2025 (MT Newswires) -- North West Company ( NNWWF ) said Wednesday afternoon its fourth-quarter earnings and revenue rose year-over-year.

The company earned $42.8 million, or $0.85 per share, in the period, compared with $36 million, or $0.71, a year ago. FactSet expected a profit of $0.76 per share.

Revenue rose 4.9% to $674.9 million from $643.1 million in the year-ago quarter. FactSet projected $676.6 million. The company said the increase was driven by higher same-store sales, foreign exchange gains in International Operations, and sales from new stores.

"We're seeing early momentum from our Next 100 program, with new technologies improving on-shelf availability and our private label launch already delivering real value through more choice at better prices," Chief Executive Dan McConnell said.

The company's shares closed up $1.87 to $51.74 on the Toronto Stock Exchange.

Price: 50.98, Change: +1.11, Percent Change: +2.23

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