WINNIPEG, Manitoba — The North West Co. here said yesterday the acquisition of Cost-U-Less in December, combined with strong sales growth in northern Canada, helped boost sales for the fourth quarter ended Jan. 31 by 21.1% to $313.4 million (U.S.), including a 19.4% jump in overall food sales. Earnings for the quarter rose 15.7% to $18.6 million. For the year, sales rose 12.7% to $1.05 billion, with food sales up 11.9% and net earnings up 27.4% to $62.1 million. Cost-U-Less encompasses 12 ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.