The North West Company Inc. reported strong sales and earnings growth in Q4 2024.

From GlobeNewswire: 2025-04-09 15:15:00

North West Company Inc. released its 2024 Annual Report, showing a 4.2% increase in sales to $2.576 billion. The company declared a dividend of $0.40 per share, payable on April 24, 2025. CEO Dan McConnell highlighted strong sales and earnings, with a focus on expanding the private label offering. Fourth quarter sales increased by 4.9% to $674.9 million, driven by same store sales gains and new stores. Gross profit rose by 9.4% due to sales gains. Earnings from operations increased by 17.5% to $60.7 million. North West operates 230 stores with annualized sales of approximately CDN$2.6 billion.



Read more at GlobeNewswire: The North West Company Inc. Announces Fourth Quarter