01:12 PM EDT, 04/10/2024 (MT Newswires) -- The North West Company ( NNWWF ) reported on Wednesday said ifs fiscal fourth-quarter profit edged higher on a rise in sales.

The retailer said it earned C$34.5 million, or C$0.71 per diluted share, in the quarter ended Jan.31. The comparable figures for the prior-year period were C$34 million, and C$0.69, respectively.

The company reported quarterly revenue of C$643 million, 1.3% higher than the C$635 million, the year before.

Same store sales increased 1.4%, compared with 2.1%, the year before.

North West Company ( NNWWF ) generated C$90.5 million cash flow from operating activities for the quarter, compared with C$100.2 million in the year-prior period.

The board of directors also declared a dividend of C$0.39 per share to be paid on April 29 to shareholders of record on April 18.

North West Company ( NNWWF ) shares were last seen down C$1.16, or 2.9%, to C$38.70 on the Toronto Stock Exchange.

Price: 38.75, Change: -1.12, Percent Change: -2.80