Associated tags: Giant, Giant Tiger, Name, Alaska Commercial Company, The North West Company, Food, NWC, Central Time, TSX, R. Torre & Company, Inc., Corporation, The Company, Expense, Fleming Companies, Inc, Depreciation
Locations: WINNIPEG, MB, CA, MANITOBA, CANADA, ALASKA, CARIBBEAN, SOUTH, NORTHERN
Retrieved on:
Wednesday, April 10, 2024
GAAP,
Social,
Depreciation,
Modern Slavery Act 2015,
Sustainability,
Health,
Interest,
Biophysical environment,
Expense,
Administration,
Tax,
Income tax,
ESG,
CUL,
Ratio,
Child,
Quality of life,
Bank Consolidated Fourth Quarter Sales Sales for the quarter increased 1.3% to $643.1 million led by same store sales gains in Canadian Operations and the impact of new stores in Canadian and International Operations.
Key Points:
- Consolidated Fourth Quarter Sales Sales for the quarter increased 1.3% to $643.1 million led by same store sales gains in Canadian Operations and the impact of new stores in Canadian and International Operations.
- Net Earnings Consolidated net earnings increased $0.9 million or 2.5% to $36.0 million compared to $35.1 million last year.
- Earnings from Operations (EBIT) and EBITDA(1) Earnings from operations or earnings before interest and income taxes ("EBIT”) increased 8.6% to $195.9 million compared to $180.3 million last year.
- (1) Earnings Before Interest, Income Taxes, Depreciation and Amortization (EBITDA), Adjusted EBITDA and Adjusted Net Earnings are not recognized measures under IFRS.
WINNIPEG, Manitoba, March 22, 2024 (GLOBE NEWSWIRE) -- (TSX Symbol: NWC): The North West Company Inc. (“North West”) will host a conference call for its fourth quarter results on April 10, 2024 at 1:30 p.m. (Central Time).
Key Points:
- WINNIPEG, Manitoba, March 22, 2024 (GLOBE NEWSWIRE) -- (TSX Symbol: NWC): The North West Company Inc. (“North West”) will host a conference call for its fourth quarter results on April 10, 2024 at 1:30 p.m. (Central Time).
- The North West Company Inc., through its subsidiaries, is a leading retailer of food and everyday products and services to rural communities and urban neighbourhoods in Canada, Alaska, the South Pacific and the Caribbean.
- North West operates 227 stores under the trading names Northern, NorthMart, Giant Tiger, Alaska Commercial Company, Cost-U-Less and RiteWay Food Markets and has annualized sales of approximately CAD $2.4 billion.
- For further information, please contact: John King, Chief Financial Officer of The North West Company Inc. at (204) 934-1397, email [email protected] .
Retrieved on:
Tuesday, February 13, 2024
Giant,
Name,
TSX,
Toronto Stock Exchange,
Alaska Commercial Company,
The North West Company,
Food,
Giant Tiger,
NWC,
Policy,
The Company,
Management WINNIPEG, Manitoba, Feb. 13, 2024 (GLOBE NEWSWIRE) -- (TSX: NWC): The North West Company Inc. (the "Company" or "North West") today announced the resignation of Frank Coleman as Director of North West.
Key Points:
- WINNIPEG, Manitoba, Feb. 13, 2024 (GLOBE NEWSWIRE) -- (TSX: NWC): The North West Company Inc. (the "Company" or "North West") today announced the resignation of Frank Coleman as Director of North West.
- Mr. Coleman has been a Director of North West since 1999 and was scheduled to retire in June 2024 in connection with the Company’s Board of Directors mandatory retirement policy.
- “My participation on the Board of the North West Company over the past two plus decades has been an absolute privilege and honour,” said Frank Coleman.
- Dan McConnell, President and Chief Executive Officer, The North West Company Inc.
John King, Executive Vice-President and Chief Financial Officer, The North West Company Inc.
Retrieved on:
Wednesday, December 6, 2023
WINNIPEG, Manitoba, Dec. 06, 2023 (GLOBE NEWSWIRE) -- (TSX: NWC): The North West Company Inc. (the "Company" or "North West") today reported its unaudited financial results for the third quarter ended October 31, 2023.
Key Points:
- WINNIPEG, Manitoba, Dec. 06, 2023 (GLOBE NEWSWIRE) -- (TSX: NWC): The North West Company Inc. (the "Company" or "North West") today reported its unaudited financial results for the third quarter ended October 31, 2023.
- It also announced that the Board of Directors has declared a quarterly dividend of $0.39 to shareholders of record on December 29, 2023, to be paid on January 15, 2024.
- Higher earnings in North Star Air from an increase in third party cargo and passenger volumes and improved aircraft utilization was also a factor.
- The Company uses the following non-GAAP financial measures: earnings before interest, income taxes, depreciation and amortization ("EBITDA"), adjusted EBITDA and adjusted net earnings.
Retrieved on:
Wednesday, November 15, 2023
Giant,
Acquisition,
Fleming Companies, Inc,
Food,
Risk,
Toronto Stock Exchange,
Alaska Commercial Company,
Public expenditure,
Calendar,
The North West Company,
Plan,
Weather-related cancellation,
Giant Tiger,
TSX,
News,
Name,
NWC,
Security (finance),
Management The NCIB follows the Company’s normal course issuer bid for the 12 months ended November 14, 2023 (the “2023 NCIB”).
Key Points:
- The NCIB follows the Company’s normal course issuer bid for the 12 months ended November 14, 2023 (the “2023 NCIB”).
- North West operates 226 stores under the trading names Northern, NorthMart, Giant Tiger, Alaska Commercial Company, Cost-U-Less and RiteWay Food Markets and has annualized sales of approximately CDN$2.4 billion.
- The common shares of North West trade on the Toronto Stock Exchange under the symbol NWC.
- Dan McConnell, President and Chief Executive Officer, The North West Company Inc.
John King, Executive Vice-President and Chief Financial Officer, The North West Company Inc.
Retrieved on:
Tuesday, November 7, 2023
Giant,
Name,
Giant Tiger,
Corporation,
Alaska Commercial Company,
CAD,
The North West Company,
Fleming Companies, Inc,
Central Time,
Food WINNIPEG, Manitoba, Nov. 07, 2023 (GLOBE NEWSWIRE) -- (TSX Symbol: NWC): The North West Company Inc. (“North West”) will host a conference call for its third quarter results on December 6, 2023 at 2:00 p.m. (Central Time).
Key Points:
- WINNIPEG, Manitoba, Nov. 07, 2023 (GLOBE NEWSWIRE) -- (TSX Symbol: NWC): The North West Company Inc. (“North West”) will host a conference call for its third quarter results on December 6, 2023 at 2:00 p.m. (Central Time).
- The North West Company Inc., through its subsidiaries, is a leading retailer of food and everyday products and services to rural communities and urban neighbourhoods in Canada, Alaska, the South Pacific and the Caribbean.
- North West operates 226 stores under the trading names Northern, NorthMart, Giant Tiger, Alaska Commercial Company, Cost-U-Less and RiteWay Food Markets and has annualized sales of approximately CAD $2.2 billion.
- For further information, please contact: Amanda E. Sutton, Vice President, Legal and Corporate Secretary of The North West Company Inc. at (204) 934-1756, email [email protected] .
Retrieved on:
Tuesday, September 12, 2023
Food,
Tesco international operations,
Interest,
Mercantile Stores Company, Inc.,
GAAP,
EBIT,
Expense,
EBITDA,
Depreciation,
TSX,
Growth,
The Company,
NWC,
Bank,
Bookkeeping WINNIPEG, Manitoba, Sept. 12, 2023 (GLOBE NEWSWIRE) -- (TSX: NWC): The North West Company Inc. (the "Company" or "North West") today reported its unaudited financial results for the second quarter ended July 31, 2023.
Key Points:
- WINNIPEG, Manitoba, Sept. 12, 2023 (GLOBE NEWSWIRE) -- (TSX: NWC): The North West Company Inc. (the "Company" or "North West") today reported its unaudited financial results for the second quarter ended July 31, 2023.
- “I am optimistic about the progress we are making on our operational excellence priorities and the growth potential of our business.
- Gross Profit Gross profit increased 11.1% driven by sales gains and a 128 basis point increase in gross profit rate compared to last year.
- The Company uses the following non-GAAP financial measures: earnings before interest, income taxes, depreciation and amortization ("EBITDA"), adjusted EBITDA and adjusted net earnings.
Retrieved on:
Thursday, August 24, 2023
Giant,
Central Time,
Giant Tiger,
Alaska Commercial Company,
CAD,
Food,
Name,
Fleming Companies, Inc,
The North West Company,
Corporation WINNIPEG, Manitoba, Aug. 24, 2023 (GLOBE NEWSWIRE) -- (TSX Symbol: NWC): The North West Company Inc. (“North West”) will host a conference call for its second quarter results on September 13, 2023 at 9:00 a.m. (Central Time).
Key Points:
- WINNIPEG, Manitoba, Aug. 24, 2023 (GLOBE NEWSWIRE) -- (TSX Symbol: NWC): The North West Company Inc. (“North West”) will host a conference call for its second quarter results on September 13, 2023 at 9:00 a.m. (Central Time).
- The North West Company Inc., through its subsidiaries, is a leading retailer of food and everyday products and services to rural communities and urban neighbourhoods in Canada, Alaska, the South Pacific and the Caribbean.
- North West operates 224 stores under the trading names Northern, NorthMart, Giant Tiger, Alaska Commercial Company, Cost-U-Less and RiteWay Food Markets and has annualized sales of approximately CAD $2.2 billion.
- For further information, please contact: Amanda E. Sutton, Vice President, Legal and Corporate Secretary of The North West Company Inc. at (204) 934-1756, email [email protected] .
WINNIPEG, Manitoba, June 07, 2023 (GLOBE NEWSWIRE) -- The North West Company Inc. (TSX: NWC) (“North West”) today announced voting results for the election of directors at its annual general meeting of shareholders held today, June 7, 2023, via live audio webcast (the “Meeting”).
Key Points:
- WINNIPEG, Manitoba, June 07, 2023 (GLOBE NEWSWIRE) -- The North West Company Inc. (TSX: NWC) (“North West”) today announced voting results for the election of directors at its annual general meeting of shareholders held today, June 7, 2023, via live audio webcast (the “Meeting”).
- Each of the nominees listed in the management information circular dated April 5, 2023 was elected as a director of North West at the Meeting.
- A total of 21,503,637 variable voting and common voting shares representing 44.96% of all of North West’s issued and outstanding shares were voted in connection with the Meeting.
- Shareholders approved all items of business before the Meeting, including the election of directors as follows:
Food,
Tesco international operations,
Interest,
Canadian Operational Support Command,
Mercantile Stores Company, Inc.,
GAAP,
EBIT,
Expense,
EBITDA,
Depreciation,
Administration,
TSX,
Growth,
The Company,
NWC,
Bank,
Bookkeeping,
Operation WINNIPEG, Manitoba, June 07, 2023 (GLOBE NEWSWIRE) -- (TSX: NWC): The North West Company Inc. (the "Company" or "North West") today reported its unaudited financial results for the first quarter ended April 30, 2023.
Key Points:
- WINNIPEG, Manitoba, June 07, 2023 (GLOBE NEWSWIRE) -- (TSX: NWC): The North West Company Inc. (the "Company" or "North West") today reported its unaudited financial results for the first quarter ended April 30, 2023.
- Net Earnings Net earnings decreased to $22.2 million compared to $28.2 million last year.
- Net earnings attributable to shareholders were $20.9 million and diluted earnings per share were $0.43 per share compared to $0.57 per share last year.
- The Company uses the following non-GAAP financial measures: earnings before interest, income taxes, depreciation and amortization ("EBITDA"), adjusted EBITDA and adjusted net earnings.
