12:45 PM EDT, 04/05/2023 (MT Newswires) -- North West Company (NWC.TO) reported Q4 2022 results.
The company generated quarterly revenue of $635 million, compared with $579 million the year before. North West Company said higher inflation in Canadian and International Operations contributed to same store sales gains. Same store sales registered a 2.1% YoY increase, versus 0.1% for the prior year period. Same store sales were up 20% compared to the pre-pandemic 2019 fourth quarter.
Net earnings attributable to shareholders was $33.93 million, or $0.69 per diluted share. This compares with net earnings of $34.6 million, or $0.71 per diluted share, for Q4 2021.
Adjusted net earnings were $38.1 million, versus $32.33 million, for Q4 2021.
The board declared a dividend of $0.38 per share to be paid on April 27, 2023.
Price: 37.53, Change: +1.07, Percent Change: +2.93
12:45 PM EDT, 04/05/2023 (MT Newswires) -- North West Company (NWC.TO) reported Q4 2022 results.
The company generated quarterly revenue of $635 million, compared with $579 million the year before. North West Company said higher inflation in Canadian and International Operations contributed to same store sales gains. Same store sales registered a 2.1% YoY increase, versus 0.1% for the prior year period. Same store sales were up 20% compared to the pre-pandemic 2019 fourth quarter.
Net earnings attributable to shareholders was $33.93 million, or $0.69 per diluted share. This compares with net earnings of $34.6 million, or $0.71 per diluted share, for Q4 2021.
Adjusted net earnings were $38.1 million, versus $32.33 million, for Q4 2021.
The board declared a dividend of $0.38 per share to be paid on April 27, 2023.
Price: 37.53, Change: +1.07, Percent Change: +2.93