- North West Co reported sales for the first quarter at C$641.4 million, a growth of 3.9% compared to last year.
- The reported sales figure fell short of the estimated C$650.7 million.
- Earnings per share (EPS) stood at C$0.53, unchanged from the previous year, and below the estimate of C$0.57 from two analysts.
- Comparable sales increased by 3.5%, slightly below the 3.8% growth seen last year.
- Adjusted EBITDA reported at C$78.0 million, representing a 10% increase year-over-year and exceeding the estimate of C$74.6 million.
- Dan McConnell, President & CEO, remarked on the strong performance driven by same-store sales growth and enhanced execution focused on customer needs.
- The company’s stock has three buy ratings, with no holds or sells, indicating a positive outlook from analysts.
A look at North West Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
North West Co, Inc. has a balanced outlook for the long term based on the Smartkarma Smart Scores. With a Value, Dividend, Growth, and Resilience score of 3 each, the company shows stability and potential for steady performance. However, its Momentum score of 4 indicates that it has positive market momentum, which could lead to stronger performance in the near future. Overall, North West Co‘s diversified retail offerings and services in remote areas of Canada, Alaska, the South Pacific, and the Caribbean position it well for sustainable growth.
North West Co, Inc. operates in underserved rural communities and offers a range of products from food to household items, as well as various services like quick-service food and money transfers. The company’s balanced Smart Scores suggest a solid foundation for long-term success, with room for potential growth driven by positive market momentum. By serving niche markets in remote areas, North West Co demonstrates resilience and adaptability, factors that bode well for its future performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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