The earnings call presented a mixed picture, with strong sales growth and benefits from the Next 100 program being offset by challenges such as the impact of wildfires and reduced funding for the Inuit Child First Initiative. While there were notable achievements in international operations and adjusted EBITDA growth, higher expenses and challenges in Canadian operations created a balanced outlook.
Company Guidance
During the North West Company Inc.'s first quarter conference call for fiscal year 2025, key financial metrics indicated a strong start despite comparisons to an exceptionally robust prior year's quarter. Consolidated sales increased by 3.9%, while net earnings saw a 2.2% rise, building on a significant 22.3% increase the previous year. The company's performance was bolstered by a 4% gain in same-store food sales and a 7.2% increase in gross profit dollars, attributed to changes in sales blend and reduced markdowns. However, these gains were partially offset by an 8.7% rise in expenses, largely due to Next 100 program costs and higher share-based compensation. Adjusted net earnings, which exclude one-time costs, improved by 14.2%. In Canada, total sales grew by 2%, driven by a 5.1% increase in same-store food sales, while the International Operations reported a 2.8% rise in same-store sales. Despite challenges such as the wildfire situation in Northern Canada and potential impacts from reduced government payments and economic conditions, the company remains optimistic, with ongoing efforts to enhance operational efficiencies through its Next 100 program and improved promotional strategies.
Consolidated Sales Increase
Consolidated sales in the quarter were up 3.9% and net earnings increased by 2.2% on top of a 22.3% increase last year.
International Operations Success
International Operations delivered strong results with same-store sales increasing 2.8%, driven by a 5.2% increase in general merchandise and 2.6% in food.
Next 100 Program Benefits
The Next 100 program drove effective data-driven promotions and cost savings, contributing to increased gross profit and labor productivity gains.
Adjusted EBITDA Growth
Adjusted EBITDA in Canadian Operations increased 5.8%, following an 11.3% increase in the first quarter of last year.
North West (TSE:NWC) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:NWC Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jun 10, 2025
C$53.91
C$53.84
-0.13%
Apr 09, 2025
C$49.09
C$50.83
+3.54%
Dec 10, 2024
C$50.94
C$49.37
-3.08%
Sep 04, 2024
C$44.22
C$47.39
+7.17%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does North West (TSE:NWC) report earnings?
North West (TSE:NWC) is schdueled to report earning on Sep 03, 2025, TBA (Confirmed).
What is North West (TSE:NWC) earnings time?
North West (TSE:NWC) earnings time is at Sep 03, 2025, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.