View ValuationNorth West 향후 성장Future 기준 점검 1/6North West의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Consumer Retailing 이익 성장5.7%매출 성장률3.3%향후 자기자본이익률20.65%애널리스트 커버리지Low마지막 업데이트04 Jun 2026최근 향후 성장 업데이트Price Target Changed • Sep 06Price target increased by 14% to CA$51.67Up from CA$45.33, the current price target is an average from 3 analysts. New target price is 5.6% above last closing price of CA$48.92. Stock is up 64% over the past year. The company posted earnings per share of CA$2.71 last year.공시 • Dec 09The North West Company Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2023The North West Company Inc. provided earnings guidance for the fourth quarter of fiscal year 2023. For the quarter, the outlook continues to be uncertain as The company expects inflationary pressures to continue in the short term. Considering all these factors, the company’s net earnings are expected to be lower than last year but above pre-pandemic levels.모든 업데이트 보기Recent updates공시 • Jun 03The North West Company Inc. to Report Q1, 2027 Results on Jun 10, 2026The North West Company Inc. announced that they will report Q1, 2027 results Pre-Market on Jun 10, 2026공시 • Apr 14The North West Company Inc., Annual General Meeting, Jun 10, 2026The North West Company Inc., Annual General Meeting, Jun 10, 2026.Declared Dividend • Apr 12Fourth quarter dividend of CA$0.41 announcedShareholders will receive a dividend of CA$0.41. Ex-date: 15th April 2026 Payment date: 24th April 2026 Dividend yield will be 3.0%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Apr 09Full year 2026 earnings released: EPS: CA$2.92 (vs CA$2.87 in FY 2025)Full year 2026 results: EPS: CA$2.92 (up from CA$2.87 in FY 2025). Revenue: CA$2.60b (flat on FY 2025). Net income: CA$139.5m (up 1.6% from FY 2025). Profit margin: 5.4% (up from 5.3% in FY 2025). Like-for-like sales growth: 0.3% vs FY 2025 Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.Board Change • Apr 09High number of new directorsDirector Paul Soubry was the last director to join the board, commencing their role in 2026.공시 • Apr 08+ 1 more updateThe North West Company Inc. Announces Appointment of Paul Soubry to Its Board of Directors, Effective April 8, 2026The North West Company Inc. announced the appointment of Paul Soubry to its Board of Directors effective April 8, 2026. Mr. Soubry was President and Chief Executive Officer of NFI Group Inc. (“NFI”) from January 2009 to January 2026. He holds a Bachelor of Commerce (Honours) degree from the University of Manitoba and completed the executive development program at Harvard Business School. Mr. Soubry has a sales, marketing, business development and operations background in businesses held by both trade and private equity owners, with substantial experience in business transformations and LEAN operational practices. Prior to joining NFI, Mr. Soubry worked for StandardAero for 24 years where he held a variety of increasingly senior positions including being named President in 2001, Chief Operating Officer in 2006, and Chief Executive Officer in 2007. Mr. Soubry currently serves on the Board of True North Sports and Entertainment Limited/Winnipeg Jets Hockey Club and The Wawanesa Mutual Insurance Company. In 2003, Mr. Soubry was named one of the recipients of “Canada’s Top 40 under 40” award, was inducted in to the Canadian Manufacturers and Exporters Hall of Fame in 2014, and was recognized as Canada’s 2016 CEO of the Year by the Financial Post. Mr. Soubry is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program and was awarded an Honourary Doctorate of Laws from the University of Manitoba in 2022.New Risk • Feb 09New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Dividend is not well covered by cash flows (91% cash payout ratio).Recent Insider Transactions Derivative • Jan 21CEO, President & Director exercised options to buy CA$340k worth of stock.On the 19th of January, Daniel McConnell exercised options to buy 7k shares at a strike price of around CA$49.41, costing a total of CA$339k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since March 2025, Daniel has owned 43.33k shares directly. Company insiders have collectively sold CA$3.8k more than they bought, via options and on-market transactions in the last 12 months.분석 기사 • Jan 14Return Trends At North West (TSE:NWC) Aren't AppealingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...New Risk • Jan 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Dividend is not well covered by cash flows (91% cash payout ratio).Upcoming Dividend • Dec 27Upcoming dividend of CA$0.41 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (1.2%).분석 기사 • Dec 13North West (TSE:NWC) Has Affirmed Its Dividend Of CA$0.41The board of The North West Company Inc. ( TSE:NWC ) has announced that it will pay a dividend on the 15th of January...Declared Dividend • Dec 12Third quarter dividend of CA$0.41 announcedShareholders will receive a dividend of CA$0.41. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Dec 11Third quarter 2026 earnings released: EPS: CA$0.84 (vs CA$0.74 in 3Q 2025)Third quarter 2026 results: EPS: CA$0.84 (up from CA$0.74 in 3Q 2025). Revenue: CA$634.3m (flat on 3Q 2025). Net income: CA$40.1m (up 13% from 3Q 2025). Profit margin: 6.3% (up from 5.5% in 3Q 2025). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.공시 • Dec 10The North West Company Inc. Announces a Quarterly Dividend, Payable on January 15, 2026The North West Company Inc. announced that the Board of Directors has declared a quarterly dividend of $0.41 to shareholders of record on December 31, 2025, to be paid on January 15, 2026.공시 • Dec 03The North West Company Inc. to Report Q3, 2026 Results on Dec 09, 2025The North West Company Inc. announced that they will report Q3, 2026 results After-Market on Dec 09, 2025분석 기사 • Nov 27Does North West (TSE:NWC) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Upcoming Dividend • Sep 25Upcoming dividend of CA$0.41 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (1.2%).분석 기사 • Sep 12North West's (TSE:NWC) Dividend Will Be CA$0.41The board of The North West Company Inc. ( TSE:NWC ) has announced that it will pay a dividend on the 15th of October...Declared Dividend • Sep 11Second quarter dividend of CA$0.41 announcedShareholders will receive a dividend of CA$0.41. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Sep 10Second quarter 2026 earnings released: EPS: CA$0.75 (vs CA$0.74 in 2Q 2025)Second quarter 2026 results: EPS: CA$0.75 (up from CA$0.74 in 2Q 2025). Revenue: CA$647.0m (flat on 2Q 2025). Net income: CA$36.1m (up 2.2% from 2Q 2025). Profit margin: 5.6% (up from 5.5% in 2Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 09the North West Company Inc. Declares Quarterly Dividend, Payable on October 15, 2025The North West Company Inc. announced that the Board of Directors declared a quarterly dividend of $0.41, an increase of $0.01 or 2.5% per share, to shareholders of record on September 29, 2025, to be paid on October 15, 2025.공시 • Aug 30The North West Company Inc. to Report Q2, 2026 Results on Sep 08, 2025The North West Company Inc. announced that they will report Q2, 2026 results After-Market on Sep 08, 2025공시 • Aug 01The North West Company Inc. Appoints Gregg Saretsky as A Director of North West, Effective August 1, 2025The North West Company Inc. announced the appointment of Gregg Saretsky as a director of North West, effective August 1, 2025. Gregg Saretsky is a seasoned corporate director with deep experience in the global aviation industry. He currently serves on the board of directors of InterGlobe Aviation Limited, India's largest airline, and on the board of directors of Southwest Airlines. From 2010 to 2018, Mr. Saretsky served as President and Chief Executive Officer of WestJet Airlines Ltd., and he previously held senior-level commercial and operational roles at Alaska Air Group Inc. and, prior to its acquisition by Air Canada, Canadian Airlines International Ltd. Mr. Saretsky earned a B.Sc. and an M.B.A. from the University of British Columbia.New Risk • Jul 31New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Declared Dividend • Jun 13First quarter dividend of CA$0.40 announcedShareholders will receive a dividend of CA$0.40. Ex-date: 27th June 2025 Payment date: 15th July 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 12First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: CA$0.54 (up from CA$0.54 in 1Q 2025). Revenue: CA$641.4m (up 3.9% from 1Q 2025). Net income: CA$25.8m (up 1.2% from 1Q 2025). Profit margin: 4.0% (down from 4.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jun 11The North West Company Inc. Declares Quarterly Dividend, Payable on July 15, 2025The North West Company Inc. announced that the Board of Directors has declared a quarterly dividend of $0.40 to shareholders of record on June 27, 2025, to be paid on July 15, 2025.분석 기사 • May 08Risks To Shareholder Returns Are Elevated At These Prices For The North West Company Inc. (TSE:NWC)When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 15x, you may consider The...Recent Insider Transactions Derivative • Apr 30CEO, President & Director exercised options and sold CA$293k worth of stockOn the 22nd of April, Daniel McConnell exercised 11k options at a strike price of around CA$28.13 and sold these shares for an average price of CA$54.95 per share. This trade did not impact their existing holding. For the year to January 2019, Daniel's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Daniel's direct individual holding has increased from 43.33k shares to 86.66k. Company insiders have collectively bought CA$595k more than they sold, via options and on-market transactions, in the last 12 months.공시 • Apr 15The North West Company Inc., Annual General Meeting, Jun 11, 2025The North West Company Inc., Annual General Meeting, Jun 11, 2025.Declared Dividend • Apr 14Fourth quarter dividend of CA$0.40 announcedShareholders will receive a dividend of CA$0.40. Ex-date: 16th April 2025 Payment date: 24th April 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 10Full year 2025 earnings released: EPS: CA$2.87 (vs CA$2.71 in FY 2024)Full year 2025 results: EPS: CA$2.87 (up from CA$2.71 in FY 2024). Revenue: CA$2.58b (up 4.2% from FY 2024). Net income: CA$137.3m (up 6.1% from FY 2024). Profit margin: 5.3% (up from 5.2% in FY 2024). The increase in margin was driven by higher revenue. Like-for-like sales growth: 4.4% vs FY 2024 Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.분석 기사 • Jan 25Some Confidence Is Lacking In The North West Company Inc.'s (TSE:NWC) P/EWhen close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 14x, you may consider The...Declared Dividend • Dec 13Third quarter dividend of CA$0.40 announcedShareholders will receive a dividend of CA$0.40. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Dec 10Third quarter 2025 earnings released: EPS: CA$0.74 (vs CA$0.78 in 3Q 2024)Third quarter 2025 results: EPS: CA$0.74 (down from CA$0.78 in 3Q 2024). Revenue: CA$637.5m (up 3.3% from 3Q 2024). Net income: CA$35.4m (down 5.0% from 3Q 2024). Profit margin: 5.5% (down from 6.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.공시 • Dec 10The North West Company Inc. Declares Quarterly Dividend, Payable on January 15, 2025The North West Company Inc. has declared a quarterly dividend of $0.40 per share to shareholders of record on December 31, 2024, to be paid on January 15, 2025.공시 • Nov 26The North West Company Inc. to Report Q3, 2025 Results on Dec 09, 2024The North West Company Inc. announced that they will report Q3, 2025 results After-Market on Dec 09, 2024Recent Insider Transactions Derivative • Oct 15VP & Chief Transformation Officer exercised options to buy CA$270k worth of stock.On the 7th of October, Leanne Flewitt exercised 15.17k options to receive shares at no cost, then sold around 9.98k of them at CA$52.09 each and kept the remainder. Since March 2024, Leanne's direct individual holding has increased from 8.58k shares to 11.68k. Company insiders have collectively bought CA$2.0m more than they sold, via options and on-market transactions, in the last 12 months.New Risk • Oct 02New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$357k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.Upcoming Dividend • Sep 23Upcoming dividend of CA$0.40 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 15 October 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (1.2%).분석 기사 • Sep 08North West (TSE:NWC) Is Paying Out A Larger Dividend Than Last YearThe board of The North West Company Inc. ( TSE:NWC ) has announced that it will be paying its dividend of CA$0.40 on...Declared Dividend • Sep 08Second quarter dividend increased to CA$0.40Dividend of CA$0.40 is 2.6% higher than last year. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 3.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Sep 06Second quarter 2025 earnings released: EPS: CA$0.74 (vs CA$0.77 in 2Q 2024)Second quarter 2025 results: EPS: CA$0.74 (down from CA$0.77 in 2Q 2024). Revenue: CA$646.5m (up 4.6% from 2Q 2024). Net income: CA$35.3m (down 4.0% from 2Q 2024). Profit margin: 5.5% (down from 6.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Price Target Changed • Sep 06Price target increased by 14% to CA$51.67Up from CA$45.33, the current price target is an average from 3 analysts. New target price is 5.6% above last closing price of CA$48.92. Stock is up 64% over the past year. The company posted earnings per share of CA$2.71 last year.공시 • Sep 05The North West Company Inc. Announces Increase in the Quarterly Dividend, Payable on October 15, 2024The North West Company Inc. announced that the Board of Directors has declared a quarterly dividend of $0.40, an increase of $0.01 or 2.6% per share, to shareholders of record on September 30, 2024, to be paid on October 15, 2024.공시 • Aug 27The North West Company Inc. to Report Q2, 2025 Results on Sep 04, 2024The North West Company Inc. announced that they will report Q2, 2025 results After-Market on Sep 04, 2024Recent Insider Transactions Derivative • Jun 20CEO, President & Director exercised options to buy CA$218k worth of stock.On the 14th of June, Daniel McConnell exercised 10.91k options to receive shares at no cost, then sold around 5.67k of them at CA$42.86 each and kept the remainder. Since December 2023, Daniel has owned 38.09k shares directly. Company insiders have collectively bought CA$1.4m more than they sold, via options and on-market transactions, in the last 12 months.Declared Dividend • Jun 09First quarter dividend of CA$0.39 announcedShareholders will receive a dividend of CA$0.39. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 06First quarter 2025 earnings: Revenues miss analyst expectationsFirst quarter 2025 results: Revenue: CA$617.5m (up 4.0% from 1Q 2024). Net income: CA$25.5m (up 22% from 1Q 2024). Profit margin: 4.1% (up from 3.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Canada.공시 • Jun 06The North West Company Inc. Announces Quarterly Dividend, Payable on July 15, 2024The North West Company Inc. has declared a quarterly dividend of $0.39 to shareholders of record on June 28, 2024, to be paid on July 15, 2024.Declared Dividend • Apr 14Fourth quarter dividend of CA$0.39 announcedShareholders will receive a dividend of CA$0.39. Ex-date: 17th April 2024 Payment date: 29th April 2024 Dividend yield will be 4.0%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 11Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: CA$2.71 (up from CA$2.55 in FY 2023). Revenue: CA$2.47b (up 5.1% from FY 2023). Net income: CA$129.4m (up 5.9% from FY 2023). Profit margin: 5.2% (in line with FY 2023). Like-for-like sales growth: 2.9% vs FY 2023 Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Apr 10The North West Company Inc. Declares Quarterly Dividend, Payable on April 29, 2024The North West Company Inc. announced that the Board of Directors has declared a dividend of $0.39 per share to be paid on April 29, 2024 to shareholders of record on April 18, 2024.공시 • Apr 06The North West Company Inc., Annual General Meeting, Jun 05, 2024The North West Company Inc., Annual General Meeting, Jun 05, 2024.공시 • Mar 23The North West Company Inc. to Report Q4, 2024 Results on Apr 10, 2024The North West Company Inc. announced that they will report Q4, 2024 results on Apr 10, 2024공시 • Feb 14Frank Coleman to Retire as Director of The North West Company Inc. in June 2024The North West Company Inc. announced the resignation of Frank Coleman as Director of the company. 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. Mr. Coleman, who is the President and CEO of the Coleman Group of Companies, cited personal reasons not related to North West, including directing more of his time to his business interests and other commitments, for his resignation at this time.Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Independent Director Rachel Huckle was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Dec 21Upcoming dividend of CA$0.39 per share at 4.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (1.3%).Reported Earnings • Dec 07Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CA$0.78 (up from CA$0.62 in 3Q 2023). Revenue: CA$616.9m (up 5.1% from 3Q 2023). Net income: CA$37.2m (up 26% from 3Q 2023). Profit margin: 6.0% (up from 5.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.분석 기사 • Dec 07North West (TSE:NWC) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Dec 07The North West Company Inc. Declares Quarterly Dividend, Payable on January 15, 2024The North West Company Inc. 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.분석 기사 • Nov 04Returns At North West (TSE:NWC) Appear To Be Weighed DownIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Recent Insider Transactions • Sep 28Insider recently sold CA$177k worth of stockOn the 25th of September, Walter Pickett sold around 5k shares on-market at roughly CA$35.40 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$378k more than they bought in the last 12 months.Upcoming Dividend • Sep 21Upcoming dividend of CA$0.39 per share at 4.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 60% and the cash payout ratio is 80%. Trailing yield: 4.3%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.3%).분석 기사 • Sep 19North West (TSE:NWC) Has Announced That It Will Be Increasing Its Dividend To CA$0.39The North West Company Inc. ( TSE:NWC ) will increase its dividend from last year's comparable payment on the 13th of...Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CA$35.86, the stock trades at a trailing P/E ratio of 14.1x. Average forward P/E is 17x in the Consumer Retailing industry in Canada. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$61.54 per share.Reported Earnings • Sep 13Second quarter 2024 earnings released: EPS: CA$769 (vs CA$0.66 in 2Q 2023)Second quarter 2024 results: EPS: CA$769 (up from CA$0.66 in 2Q 2023). Revenue: CA$618.1m (up 6.8% from 2Q 2023). Net income: CA$36.8m (up 17% from 2Q 2023). Profit margin: 6.0% (up from 5.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Sep 13The North West Company Inc. Declares Quarterly Dividend, Payable on October 13, 2023The North West Company Inc. announced that the Board of Directors has declared a quarterly dividend of $0.39, an increase of $0.01 or 2.6% per share, to shareholders of record on September 29, 2023, to be paid on October 13, 2023.분석 기사 • Jul 15Calculating The Fair Value Of The North West Company Inc. (TSE:NWC)Key Insights North West's estimated fair value is CA$36.98 based on 2 Stage Free Cash Flow to Equity With CA$31.90...New Risk • Jul 04New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$312k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Dividend is not well covered by cash flows (126% cash payout ratio). Shareholders have been diluted in the past year (33% increase in shares outstanding). Significant insider selling over the past 3 months (CA$312k sold).Upcoming Dividend • Jun 22Upcoming dividend of CA$0.38 per share at 4.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 62% and the cash payout ratio is 96%. Trailing yield: 4.8%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.4%).공시 • Jun 09The North West Company Inc. (TSX:NWC) acquired Nickel City Motors.The North West Company Inc. (TSX:NWC) acquired Nickel City Motors on April 17, 2023. The North West Company Inc. (TSX:NWC) completed the acquisition of Nickel City Motors on April 17, 2023.New Risk • Jun 09New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Dividend is not well covered by cash flows (97% cash payout ratio). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).Reported Earnings • Jun 09First quarter 2024 earnings released: EPS: CA$0.44 (vs CA$0.57 in 1Q 2023)First quarter 2024 results: EPS: CA$0.44 (down from CA$0.57 in 1Q 2023). Revenue: CA$593.6m (up 7.5% from 1Q 2023). Net income: CA$20.9m (down 24% from 1Q 2023). Profit margin: 3.5% (down from 5.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year.공시 • Jun 08The North West Company Inc. Declares Quarterly Dividend, Payable on July 14, 2023The Board of Directors of The North West Company Inc. declared a quarterly dividend of $0.38 per share to shareholders of record on June 30, 2023, to be paid on July 14, 2023.분석 기사 • Jun 08These 4 Measures Indicate That North West (TSE:NWC) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • May 05The Returns At North West (TSE:NWC) Aren't GrowingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Recent Insider Transactions • Apr 24Independent Director recently sold CA$192k worth of stockOn the 18th of April, Annalisa King sold around 5k shares on-market at roughly CA$38.81 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$61k more than they sold in the last 12 months.Reported Earnings • Apr 06Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CA$2.55 (down from CA$3.21 in FY 2022). Revenue: CA$2.35b (up 4.6% from FY 2022). Net income: CA$122.2m (down 21% from FY 2022). Profit margin: 5.2% (down from 6.9% in FY 2022). The decrease in margin was driven by higher expenses. Like-for-like sales growth: Down 0.8% vs FY 2022 Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Feb 10Chief Information Officer recently bought CA$57k worth of stockOn the 8th of February, Vineet Gupta bought around 2k shares on-market at roughly CA$35.35 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$253k more in shares than they have sold in the last 12 months.Upcoming Dividend • Dec 22Upcoming dividend of CA$0.38 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 16 January 2023. Payout ratio is a comfortable 58% and the cash payout ratio is 91%. Trailing yield: 4.2%. Lower than top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (1.3%).공시 • Dec 09The North West Company Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2023The North West Company Inc. provided earnings guidance for the fourth quarter of fiscal year 2023. For the quarter, the outlook continues to be uncertain as The company expects inflationary pressures to continue in the short term. Considering all these factors, the company’s net earnings are expected to be lower than last year but above pre-pandemic levels.Reported Earnings • Dec 09Third quarter 2023 earnings released: EPS: CA$0.62 (vs CA$0.80 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.62 (down from CA$0.80 in 3Q 2022). Revenue: CA$586.7m (up 6.0% from 3Q 2022). Net income: CA$29.5m (down 24% from 3Q 2022). Profit margin: 5.0% (down from 7.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Dec 08The North West Company Inc. Declares Quarterly Dividend, Payable on January 16, 2023The North West Company Inc. announced that the Board of Directors has declared a dividend of $0.38 per share to shareholders of record on December30, 2022, to be paid on January 16, 2023.Buying Opportunity • Dec 05Now 23% undervaluedOver the last 90 days, the stock is up 5.6%. The fair value is estimated to be CA$46.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 22%.분석 기사 • Nov 22Slowing Rates Of Return At North West (TSE:NWC) Leave Little Room For ExcitementIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Upcoming Dividend • Sep 21Upcoming dividend of CA$0.38 per shareEligible shareholders must have bought the stock before 28 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 54% and the cash payout ratio is 93%. Trailing yield: 4.6%. Lower than top quartile of Canadian dividend payers (5.7%). Higher than average of industry peers (1.1%).분석 기사 • Sep 12North West (TSE:NWC) Has Announced That It Will Be Increasing Its Dividend To CA$0.38The North West Company Inc. ( TSE:NWC ) has announced that it will be increasing its dividend from last year's...Reported Earnings • Sep 09Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: CA$0.66 (down from CA$0.86 in 2Q 2022). Revenue: CA$578.9m (up 2.4% from 2Q 2022). Net income: CA$31.4m (down 25% from 2Q 2022). Profit margin: 5.4% (down from 7.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.분석 기사 • Sep 09North West (TSE:NWC) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...공시 • Sep 08+ 1 more updateThe North West Company Inc. Appoints Rachel Huckle to Its Board of DirectorsThe North West Company Inc. announced the appointment of Rachel Huckle to its Board of Directors effective September 7, 2022. Ms. Huckle has been the Chief Retail Officer at Staples Canada ULC since 2019. Prior to that she worked with Loblaw Companies Ltd. and Shoppers Drug Mart beginning in 1996 where she held the positions of i) Vice President Operations, (ii) Vice President, Loyalty and Customer insights, (iii) Senior Vice President, Health and Wellness, and (iv) and Senior Vice President Merchandising - Centre of Store. Ms. Huckle has a Masters in Business Administration from Rotman School of Management, and a Masters of Finance from Smith School of Business.분석 기사 • Aug 13Shareholders Would Enjoy A Repeat Of North West's (TSE:NWC) Recent Growth In ReturnsIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Upcoming Dividend • Jun 22Upcoming dividend of CA$0.37 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Canadian dividend payers (5.2%). Higher than average of industry peers (1.2%).Reported Earnings • Jun 10First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: CA$0.57 (down from CA$0.82 in 1Q 2022). Revenue: CA$552.0m (flat on 1Q 2022). Net income: CA$27.4m (down 31% from 1Q 2022). Profit margin: 5.0% (down from 7.2% in 1Q 2022). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 1.6%, compared to a 6.4% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Jun 09The North West Company Inc. Declares Quarterly Dividend Payable on July 15, 2022The North West Company Inc. announced that the Board of Directors has declared a dividend of $0.37 per share to shareholders of record on June 30, 2022, to be paid on July 15, 2022.이익 및 매출 성장 예측TSX:NWC - 애널리스트 향후 추정치 및 과거 재무 데이터 (CAD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수1/31/20292,888N/A22033111/31/20282,770N/A18431431/31/20272,690N/A14528931/31/20262,598139130280N/A10/31/20252,598143116261N/A7/31/20252,601138117265N/A4/30/20252,600138118269N/A1/31/20252,576137114261N/A10/31/20242,54513190243N/A7/31/20242,524133106258N/A4/30/20242,496134124269N/A1/31/20242,47212990230N/A10/31/20232,464129106240N/A7/31/20232,43412191214N/A4/30/20232,39411675192N/A1/31/20232,35312266183N/A10/31/20222,29712379167N/A7/31/20222,26413276164N/A4/30/20222,250143120214N/A1/31/20222,249155131224N/A10/31/20212,235152159246N/A7/31/20212,234148184261N/A4/30/20212,318168199259N/A1/31/20212,359140264339N/A10/31/20202,347124197280N/A7/31/20202,314114142252N/A4/30/20202,1926996218N/A1/31/20202,0948344161N/A10/31/20192,07479N/A168N/A7/31/20192,06694N/A166N/A4/30/20192,04294N/A167N/A1/31/20192,01387N/A156N/A10/31/20181,97889N/A156N/A7/31/20181,95471N/A153N/A4/30/20181,96576N/A143N/A1/31/20181,98567N/A141N/A10/31/20171,96967N/A137N/A7/31/20171,94674N/A139N/A4/30/20171,89168N/A141N/A1/31/20171,84477N/A126N/A10/31/20161,83977N/A126N/A7/31/20161,83370N/A143N/A4/30/20161,82172N/A127N/A1/31/20161,79670N/A133N/A10/31/20151,75470N/A136N/A7/31/20151,71067N/A119N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: NWC 의 예상 수익 증가율이 절약률(3%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: NWC 의 수익이 Canadian 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: NWC 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: NWC 의 수익(연간 3.3%)이 Canadian 시장(연간 4.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: NWC 의 수익(연간 3.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: NWC의 자본 수익률은 3년 후 20.7%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-retailing 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/09 09:29종가2026/06/09 00:00수익2026/01/31연간 수익2026/01/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스The North West Company Inc.는 8명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관James DurranBarclaysStephen MacLeodBMO Capital Markets Equity ResearchNeil LinsdellCantor Fitzgerald Canada Corporation5명의 분석가 더 보기
Price Target Changed • Sep 06Price target increased by 14% to CA$51.67Up from CA$45.33, the current price target is an average from 3 analysts. New target price is 5.6% above last closing price of CA$48.92. Stock is up 64% over the past year. The company posted earnings per share of CA$2.71 last year.
공시 • Dec 09The North West Company Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2023The North West Company Inc. provided earnings guidance for the fourth quarter of fiscal year 2023. For the quarter, the outlook continues to be uncertain as The company expects inflationary pressures to continue in the short term. Considering all these factors, the company’s net earnings are expected to be lower than last year but above pre-pandemic levels.
공시 • Jun 03The North West Company Inc. to Report Q1, 2027 Results on Jun 10, 2026The North West Company Inc. announced that they will report Q1, 2027 results Pre-Market on Jun 10, 2026
공시 • Apr 14The North West Company Inc., Annual General Meeting, Jun 10, 2026The North West Company Inc., Annual General Meeting, Jun 10, 2026.
Declared Dividend • Apr 12Fourth quarter dividend of CA$0.41 announcedShareholders will receive a dividend of CA$0.41. Ex-date: 15th April 2026 Payment date: 24th April 2026 Dividend yield will be 3.0%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Apr 09Full year 2026 earnings released: EPS: CA$2.92 (vs CA$2.87 in FY 2025)Full year 2026 results: EPS: CA$2.92 (up from CA$2.87 in FY 2025). Revenue: CA$2.60b (flat on FY 2025). Net income: CA$139.5m (up 1.6% from FY 2025). Profit margin: 5.4% (up from 5.3% in FY 2025). Like-for-like sales growth: 0.3% vs FY 2025 Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.
Board Change • Apr 09High number of new directorsDirector Paul Soubry was the last director to join the board, commencing their role in 2026.
공시 • Apr 08+ 1 more updateThe North West Company Inc. Announces Appointment of Paul Soubry to Its Board of Directors, Effective April 8, 2026The North West Company Inc. announced the appointment of Paul Soubry to its Board of Directors effective April 8, 2026. Mr. Soubry was President and Chief Executive Officer of NFI Group Inc. (“NFI”) from January 2009 to January 2026. He holds a Bachelor of Commerce (Honours) degree from the University of Manitoba and completed the executive development program at Harvard Business School. Mr. Soubry has a sales, marketing, business development and operations background in businesses held by both trade and private equity owners, with substantial experience in business transformations and LEAN operational practices. Prior to joining NFI, Mr. Soubry worked for StandardAero for 24 years where he held a variety of increasingly senior positions including being named President in 2001, Chief Operating Officer in 2006, and Chief Executive Officer in 2007. Mr. Soubry currently serves on the Board of True North Sports and Entertainment Limited/Winnipeg Jets Hockey Club and The Wawanesa Mutual Insurance Company. In 2003, Mr. Soubry was named one of the recipients of “Canada’s Top 40 under 40” award, was inducted in to the Canadian Manufacturers and Exporters Hall of Fame in 2014, and was recognized as Canada’s 2016 CEO of the Year by the Financial Post. Mr. Soubry is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program and was awarded an Honourary Doctorate of Laws from the University of Manitoba in 2022.
New Risk • Feb 09New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Dividend is not well covered by cash flows (91% cash payout ratio).
Recent Insider Transactions Derivative • Jan 21CEO, President & Director exercised options to buy CA$340k worth of stock.On the 19th of January, Daniel McConnell exercised options to buy 7k shares at a strike price of around CA$49.41, costing a total of CA$339k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since March 2025, Daniel has owned 43.33k shares directly. Company insiders have collectively sold CA$3.8k more than they bought, via options and on-market transactions in the last 12 months.
분석 기사 • Jan 14Return Trends At North West (TSE:NWC) Aren't AppealingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
New Risk • Jan 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Dividend is not well covered by cash flows (91% cash payout ratio).
Upcoming Dividend • Dec 27Upcoming dividend of CA$0.41 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (1.2%).
분석 기사 • Dec 13North West (TSE:NWC) Has Affirmed Its Dividend Of CA$0.41The board of The North West Company Inc. ( TSE:NWC ) has announced that it will pay a dividend on the 15th of January...
Declared Dividend • Dec 12Third quarter dividend of CA$0.41 announcedShareholders will receive a dividend of CA$0.41. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Dec 11Third quarter 2026 earnings released: EPS: CA$0.84 (vs CA$0.74 in 3Q 2025)Third quarter 2026 results: EPS: CA$0.84 (up from CA$0.74 in 3Q 2025). Revenue: CA$634.3m (flat on 3Q 2025). Net income: CA$40.1m (up 13% from 3Q 2025). Profit margin: 6.3% (up from 5.5% in 3Q 2025). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.
공시 • Dec 10The North West Company Inc. Announces a Quarterly Dividend, Payable on January 15, 2026The North West Company Inc. announced that the Board of Directors has declared a quarterly dividend of $0.41 to shareholders of record on December 31, 2025, to be paid on January 15, 2026.
공시 • Dec 03The North West Company Inc. to Report Q3, 2026 Results on Dec 09, 2025The North West Company Inc. announced that they will report Q3, 2026 results After-Market on Dec 09, 2025
분석 기사 • Nov 27Does North West (TSE:NWC) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Upcoming Dividend • Sep 25Upcoming dividend of CA$0.41 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (1.2%).
분석 기사 • Sep 12North West's (TSE:NWC) Dividend Will Be CA$0.41The board of The North West Company Inc. ( TSE:NWC ) has announced that it will pay a dividend on the 15th of October...
Declared Dividend • Sep 11Second quarter dividend of CA$0.41 announcedShareholders will receive a dividend of CA$0.41. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Sep 10Second quarter 2026 earnings released: EPS: CA$0.75 (vs CA$0.74 in 2Q 2025)Second quarter 2026 results: EPS: CA$0.75 (up from CA$0.74 in 2Q 2025). Revenue: CA$647.0m (flat on 2Q 2025). Net income: CA$36.1m (up 2.2% from 2Q 2025). Profit margin: 5.6% (up from 5.5% in 2Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 09the North West Company Inc. Declares Quarterly Dividend, Payable on October 15, 2025The North West Company Inc. announced that the Board of Directors declared a quarterly dividend of $0.41, an increase of $0.01 or 2.5% per share, to shareholders of record on September 29, 2025, to be paid on October 15, 2025.
공시 • Aug 30The North West Company Inc. to Report Q2, 2026 Results on Sep 08, 2025The North West Company Inc. announced that they will report Q2, 2026 results After-Market on Sep 08, 2025
공시 • Aug 01The North West Company Inc. Appoints Gregg Saretsky as A Director of North West, Effective August 1, 2025The North West Company Inc. announced the appointment of Gregg Saretsky as a director of North West, effective August 1, 2025. Gregg Saretsky is a seasoned corporate director with deep experience in the global aviation industry. He currently serves on the board of directors of InterGlobe Aviation Limited, India's largest airline, and on the board of directors of Southwest Airlines. From 2010 to 2018, Mr. Saretsky served as President and Chief Executive Officer of WestJet Airlines Ltd., and he previously held senior-level commercial and operational roles at Alaska Air Group Inc. and, prior to its acquisition by Air Canada, Canadian Airlines International Ltd. Mr. Saretsky earned a B.Sc. and an M.B.A. from the University of British Columbia.
New Risk • Jul 31New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Declared Dividend • Jun 13First quarter dividend of CA$0.40 announcedShareholders will receive a dividend of CA$0.40. Ex-date: 27th June 2025 Payment date: 15th July 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 12First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: CA$0.54 (up from CA$0.54 in 1Q 2025). Revenue: CA$641.4m (up 3.9% from 1Q 2025). Net income: CA$25.8m (up 1.2% from 1Q 2025). Profit margin: 4.0% (down from 4.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jun 11The North West Company Inc. Declares Quarterly Dividend, Payable on July 15, 2025The North West Company Inc. announced that the Board of Directors has declared a quarterly dividend of $0.40 to shareholders of record on June 27, 2025, to be paid on July 15, 2025.
분석 기사 • May 08Risks To Shareholder Returns Are Elevated At These Prices For The North West Company Inc. (TSE:NWC)When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 15x, you may consider The...
Recent Insider Transactions Derivative • Apr 30CEO, President & Director exercised options and sold CA$293k worth of stockOn the 22nd of April, Daniel McConnell exercised 11k options at a strike price of around CA$28.13 and sold these shares for an average price of CA$54.95 per share. This trade did not impact their existing holding. For the year to January 2019, Daniel's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Daniel's direct individual holding has increased from 43.33k shares to 86.66k. Company insiders have collectively bought CA$595k more than they sold, via options and on-market transactions, in the last 12 months.
공시 • Apr 15The North West Company Inc., Annual General Meeting, Jun 11, 2025The North West Company Inc., Annual General Meeting, Jun 11, 2025.
Declared Dividend • Apr 14Fourth quarter dividend of CA$0.40 announcedShareholders will receive a dividend of CA$0.40. Ex-date: 16th April 2025 Payment date: 24th April 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 10Full year 2025 earnings released: EPS: CA$2.87 (vs CA$2.71 in FY 2024)Full year 2025 results: EPS: CA$2.87 (up from CA$2.71 in FY 2024). Revenue: CA$2.58b (up 4.2% from FY 2024). Net income: CA$137.3m (up 6.1% from FY 2024). Profit margin: 5.3% (up from 5.2% in FY 2024). The increase in margin was driven by higher revenue. Like-for-like sales growth: 4.4% vs FY 2024 Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
분석 기사 • Jan 25Some Confidence Is Lacking In The North West Company Inc.'s (TSE:NWC) P/EWhen close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 14x, you may consider The...
Declared Dividend • Dec 13Third quarter dividend of CA$0.40 announcedShareholders will receive a dividend of CA$0.40. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Dec 10Third quarter 2025 earnings released: EPS: CA$0.74 (vs CA$0.78 in 3Q 2024)Third quarter 2025 results: EPS: CA$0.74 (down from CA$0.78 in 3Q 2024). Revenue: CA$637.5m (up 3.3% from 3Q 2024). Net income: CA$35.4m (down 5.0% from 3Q 2024). Profit margin: 5.5% (down from 6.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
공시 • Dec 10The North West Company Inc. Declares Quarterly Dividend, Payable on January 15, 2025The North West Company Inc. has declared a quarterly dividend of $0.40 per share to shareholders of record on December 31, 2024, to be paid on January 15, 2025.
공시 • Nov 26The North West Company Inc. to Report Q3, 2025 Results on Dec 09, 2024The North West Company Inc. announced that they will report Q3, 2025 results After-Market on Dec 09, 2024
Recent Insider Transactions Derivative • Oct 15VP & Chief Transformation Officer exercised options to buy CA$270k worth of stock.On the 7th of October, Leanne Flewitt exercised 15.17k options to receive shares at no cost, then sold around 9.98k of them at CA$52.09 each and kept the remainder. Since March 2024, Leanne's direct individual holding has increased from 8.58k shares to 11.68k. Company insiders have collectively bought CA$2.0m more than they sold, via options and on-market transactions, in the last 12 months.
New Risk • Oct 02New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$357k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Sep 23Upcoming dividend of CA$0.40 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 15 October 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (1.2%).
분석 기사 • Sep 08North West (TSE:NWC) Is Paying Out A Larger Dividend Than Last YearThe board of The North West Company Inc. ( TSE:NWC ) has announced that it will be paying its dividend of CA$0.40 on...
Declared Dividend • Sep 08Second quarter dividend increased to CA$0.40Dividend of CA$0.40 is 2.6% higher than last year. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 3.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Sep 06Second quarter 2025 earnings released: EPS: CA$0.74 (vs CA$0.77 in 2Q 2024)Second quarter 2025 results: EPS: CA$0.74 (down from CA$0.77 in 2Q 2024). Revenue: CA$646.5m (up 4.6% from 2Q 2024). Net income: CA$35.3m (down 4.0% from 2Q 2024). Profit margin: 5.5% (down from 6.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Price Target Changed • Sep 06Price target increased by 14% to CA$51.67Up from CA$45.33, the current price target is an average from 3 analysts. New target price is 5.6% above last closing price of CA$48.92. Stock is up 64% over the past year. The company posted earnings per share of CA$2.71 last year.
공시 • Sep 05The North West Company Inc. Announces Increase in the Quarterly Dividend, Payable on October 15, 2024The North West Company Inc. announced that the Board of Directors has declared a quarterly dividend of $0.40, an increase of $0.01 or 2.6% per share, to shareholders of record on September 30, 2024, to be paid on October 15, 2024.
공시 • Aug 27The North West Company Inc. to Report Q2, 2025 Results on Sep 04, 2024The North West Company Inc. announced that they will report Q2, 2025 results After-Market on Sep 04, 2024
Recent Insider Transactions Derivative • Jun 20CEO, President & Director exercised options to buy CA$218k worth of stock.On the 14th of June, Daniel McConnell exercised 10.91k options to receive shares at no cost, then sold around 5.67k of them at CA$42.86 each and kept the remainder. Since December 2023, Daniel has owned 38.09k shares directly. Company insiders have collectively bought CA$1.4m more than they sold, via options and on-market transactions, in the last 12 months.
Declared Dividend • Jun 09First quarter dividend of CA$0.39 announcedShareholders will receive a dividend of CA$0.39. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 06First quarter 2025 earnings: Revenues miss analyst expectationsFirst quarter 2025 results: Revenue: CA$617.5m (up 4.0% from 1Q 2024). Net income: CA$25.5m (up 22% from 1Q 2024). Profit margin: 4.1% (up from 3.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Canada.
공시 • Jun 06The North West Company Inc. Announces Quarterly Dividend, Payable on July 15, 2024The North West Company Inc. has declared a quarterly dividend of $0.39 to shareholders of record on June 28, 2024, to be paid on July 15, 2024.
Declared Dividend • Apr 14Fourth quarter dividend of CA$0.39 announcedShareholders will receive a dividend of CA$0.39. Ex-date: 17th April 2024 Payment date: 29th April 2024 Dividend yield will be 4.0%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 11Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: CA$2.71 (up from CA$2.55 in FY 2023). Revenue: CA$2.47b (up 5.1% from FY 2023). Net income: CA$129.4m (up 5.9% from FY 2023). Profit margin: 5.2% (in line with FY 2023). Like-for-like sales growth: 2.9% vs FY 2023 Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Apr 10The North West Company Inc. Declares Quarterly Dividend, Payable on April 29, 2024The North West Company Inc. announced that the Board of Directors has declared a dividend of $0.39 per share to be paid on April 29, 2024 to shareholders of record on April 18, 2024.
공시 • Apr 06The North West Company Inc., Annual General Meeting, Jun 05, 2024The North West Company Inc., Annual General Meeting, Jun 05, 2024.
공시 • Mar 23The North West Company Inc. to Report Q4, 2024 Results on Apr 10, 2024The North West Company Inc. announced that they will report Q4, 2024 results on Apr 10, 2024
공시 • Feb 14Frank Coleman to Retire as Director of The North West Company Inc. in June 2024The North West Company Inc. announced the resignation of Frank Coleman as Director of the company. 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. Mr. Coleman, who is the President and CEO of the Coleman Group of Companies, cited personal reasons not related to North West, including directing more of his time to his business interests and other commitments, for his resignation at this time.
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Independent Director Rachel Huckle was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Dec 21Upcoming dividend of CA$0.39 per share at 4.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (1.3%).
Reported Earnings • Dec 07Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CA$0.78 (up from CA$0.62 in 3Q 2023). Revenue: CA$616.9m (up 5.1% from 3Q 2023). Net income: CA$37.2m (up 26% from 3Q 2023). Profit margin: 6.0% (up from 5.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
분석 기사 • Dec 07North West (TSE:NWC) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Dec 07The North West Company Inc. Declares Quarterly Dividend, Payable on January 15, 2024The North West Company Inc. 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.
분석 기사 • Nov 04Returns At North West (TSE:NWC) Appear To Be Weighed DownIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Recent Insider Transactions • Sep 28Insider recently sold CA$177k worth of stockOn the 25th of September, Walter Pickett sold around 5k shares on-market at roughly CA$35.40 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$378k more than they bought in the last 12 months.
Upcoming Dividend • Sep 21Upcoming dividend of CA$0.39 per share at 4.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 60% and the cash payout ratio is 80%. Trailing yield: 4.3%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.3%).
분석 기사 • Sep 19North West (TSE:NWC) Has Announced That It Will Be Increasing Its Dividend To CA$0.39The North West Company Inc. ( TSE:NWC ) will increase its dividend from last year's comparable payment on the 13th of...
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CA$35.86, the stock trades at a trailing P/E ratio of 14.1x. Average forward P/E is 17x in the Consumer Retailing industry in Canada. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$61.54 per share.
Reported Earnings • Sep 13Second quarter 2024 earnings released: EPS: CA$769 (vs CA$0.66 in 2Q 2023)Second quarter 2024 results: EPS: CA$769 (up from CA$0.66 in 2Q 2023). Revenue: CA$618.1m (up 6.8% from 2Q 2023). Net income: CA$36.8m (up 17% from 2Q 2023). Profit margin: 6.0% (up from 5.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Sep 13The North West Company Inc. Declares Quarterly Dividend, Payable on October 13, 2023The North West Company Inc. announced that the Board of Directors has declared a quarterly dividend of $0.39, an increase of $0.01 or 2.6% per share, to shareholders of record on September 29, 2023, to be paid on October 13, 2023.
분석 기사 • Jul 15Calculating The Fair Value Of The North West Company Inc. (TSE:NWC)Key Insights North West's estimated fair value is CA$36.98 based on 2 Stage Free Cash Flow to Equity With CA$31.90...
New Risk • Jul 04New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$312k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Dividend is not well covered by cash flows (126% cash payout ratio). Shareholders have been diluted in the past year (33% increase in shares outstanding). Significant insider selling over the past 3 months (CA$312k sold).
Upcoming Dividend • Jun 22Upcoming dividend of CA$0.38 per share at 4.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 62% and the cash payout ratio is 96%. Trailing yield: 4.8%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.4%).
공시 • Jun 09The North West Company Inc. (TSX:NWC) acquired Nickel City Motors.The North West Company Inc. (TSX:NWC) acquired Nickel City Motors on April 17, 2023. The North West Company Inc. (TSX:NWC) completed the acquisition of Nickel City Motors on April 17, 2023.
New Risk • Jun 09New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Dividend is not well covered by cash flows (97% cash payout ratio). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
Reported Earnings • Jun 09First quarter 2024 earnings released: EPS: CA$0.44 (vs CA$0.57 in 1Q 2023)First quarter 2024 results: EPS: CA$0.44 (down from CA$0.57 in 1Q 2023). Revenue: CA$593.6m (up 7.5% from 1Q 2023). Net income: CA$20.9m (down 24% from 1Q 2023). Profit margin: 3.5% (down from 5.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year.
공시 • Jun 08The North West Company Inc. Declares Quarterly Dividend, Payable on July 14, 2023The Board of Directors of The North West Company Inc. declared a quarterly dividend of $0.38 per share to shareholders of record on June 30, 2023, to be paid on July 14, 2023.
분석 기사 • Jun 08These 4 Measures Indicate That North West (TSE:NWC) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • May 05The Returns At North West (TSE:NWC) Aren't GrowingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Recent Insider Transactions • Apr 24Independent Director recently sold CA$192k worth of stockOn the 18th of April, Annalisa King sold around 5k shares on-market at roughly CA$38.81 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$61k more than they sold in the last 12 months.
Reported Earnings • Apr 06Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CA$2.55 (down from CA$3.21 in FY 2022). Revenue: CA$2.35b (up 4.6% from FY 2022). Net income: CA$122.2m (down 21% from FY 2022). Profit margin: 5.2% (down from 6.9% in FY 2022). The decrease in margin was driven by higher expenses. Like-for-like sales growth: Down 0.8% vs FY 2022 Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Feb 10Chief Information Officer recently bought CA$57k worth of stockOn the 8th of February, Vineet Gupta bought around 2k shares on-market at roughly CA$35.35 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$253k more in shares than they have sold in the last 12 months.
Upcoming Dividend • Dec 22Upcoming dividend of CA$0.38 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 16 January 2023. Payout ratio is a comfortable 58% and the cash payout ratio is 91%. Trailing yield: 4.2%. Lower than top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (1.3%).
공시 • Dec 09The North West Company Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2023The North West Company Inc. provided earnings guidance for the fourth quarter of fiscal year 2023. For the quarter, the outlook continues to be uncertain as The company expects inflationary pressures to continue in the short term. Considering all these factors, the company’s net earnings are expected to be lower than last year but above pre-pandemic levels.
Reported Earnings • Dec 09Third quarter 2023 earnings released: EPS: CA$0.62 (vs CA$0.80 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.62 (down from CA$0.80 in 3Q 2022). Revenue: CA$586.7m (up 6.0% from 3Q 2022). Net income: CA$29.5m (down 24% from 3Q 2022). Profit margin: 5.0% (down from 7.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Dec 08The North West Company Inc. Declares Quarterly Dividend, Payable on January 16, 2023The North West Company Inc. announced that the Board of Directors has declared a dividend of $0.38 per share to shareholders of record on December30, 2022, to be paid on January 16, 2023.
Buying Opportunity • Dec 05Now 23% undervaluedOver the last 90 days, the stock is up 5.6%. The fair value is estimated to be CA$46.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 22%.
분석 기사 • Nov 22Slowing Rates Of Return At North West (TSE:NWC) Leave Little Room For ExcitementIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Upcoming Dividend • Sep 21Upcoming dividend of CA$0.38 per shareEligible shareholders must have bought the stock before 28 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 54% and the cash payout ratio is 93%. Trailing yield: 4.6%. Lower than top quartile of Canadian dividend payers (5.7%). Higher than average of industry peers (1.1%).
분석 기사 • Sep 12North West (TSE:NWC) Has Announced That It Will Be Increasing Its Dividend To CA$0.38The North West Company Inc. ( TSE:NWC ) has announced that it will be increasing its dividend from last year's...
Reported Earnings • Sep 09Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: CA$0.66 (down from CA$0.86 in 2Q 2022). Revenue: CA$578.9m (up 2.4% from 2Q 2022). Net income: CA$31.4m (down 25% from 2Q 2022). Profit margin: 5.4% (down from 7.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
분석 기사 • Sep 09North West (TSE:NWC) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
공시 • Sep 08+ 1 more updateThe North West Company Inc. Appoints Rachel Huckle to Its Board of DirectorsThe North West Company Inc. announced the appointment of Rachel Huckle to its Board of Directors effective September 7, 2022. Ms. Huckle has been the Chief Retail Officer at Staples Canada ULC since 2019. Prior to that she worked with Loblaw Companies Ltd. and Shoppers Drug Mart beginning in 1996 where she held the positions of i) Vice President Operations, (ii) Vice President, Loyalty and Customer insights, (iii) Senior Vice President, Health and Wellness, and (iv) and Senior Vice President Merchandising - Centre of Store. Ms. Huckle has a Masters in Business Administration from Rotman School of Management, and a Masters of Finance from Smith School of Business.
분석 기사 • Aug 13Shareholders Would Enjoy A Repeat Of North West's (TSE:NWC) Recent Growth In ReturnsIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Upcoming Dividend • Jun 22Upcoming dividend of CA$0.37 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Canadian dividend payers (5.2%). Higher than average of industry peers (1.2%).
Reported Earnings • Jun 10First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: CA$0.57 (down from CA$0.82 in 1Q 2022). Revenue: CA$552.0m (flat on 1Q 2022). Net income: CA$27.4m (down 31% from 1Q 2022). Profit margin: 5.0% (down from 7.2% in 1Q 2022). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 1.6%, compared to a 6.4% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Jun 09The North West Company Inc. Declares Quarterly Dividend Payable on July 15, 2022The North West Company Inc. announced that the Board of Directors has declared a dividend of $0.37 per share to shareholders of record on June 30, 2022, to be paid on July 15, 2022.