North West (TSE:NWC) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The North West Company Inc. reported a 3.3% increase in third-quarter sales to $637.5 million, driven by same-store sales growth and new store openings. Despite higher expenses leading to a decline in net earnings compared to last year, the company declared a quarterly dividend of $0.40 per share. The company remains optimistic about its Next 100 operational excellence initiatives to counteract challenging economic conditions.
For further insights into TSE:NWC stock, check out TipRanks’ Stock Analysis page.