North West Company Inc. · TSX:NWC
North West — The North West Company — Shareholder Meeting (2014)
34 slides from North West's shareholder meeting presentation, 2014
Slide 1: More for Our Customers: 2014 Annual Meeting of Shareholders
More for Our Customers 2014 Annual Meeting of Shareholders
Slide 2: Chief Financial Officer Remarks
More for Our Customers Chief Financial Officer Remarks
Slide 3: 2013 Financial Highlights: Consolidated Sales
2013 Financial Highlights Consolidated Sales ($ in millions)
Slide 4: 2013 Financial Highlights: Sales Blend
2013 Financial Highlights Sales Blend Food General Merchandise Other
Slide 5: 2013 Financial Highlights: Consolidated Trading Profit
2013 Financial Highlights Consolidated Trading Profit ($ in millions)
Slide 6: 2013 Financial Highlights: Consolidated Net Earnings
2013 Financial Highlights Consolidated Net Earnings ($ in millions)
Slide 7: 2014 First Quarter Performance: Consolidated Sales
2014 First Quarter Performance Consolidated Sales ($ in millions)
Slide 8: 2014 First Quarter Performance: Consolidated Trading Profit
2014 First Quarter Performance Consolidated Trading Profit ($ in millions)
Slide 9: 2014 First Quarter Performance: Consolidated Net Earnings
2014 First Quarter Performance Consolidated Net Earnings ($ in millions)
Slide 10: 2014 First Quarter Performance: Quarterly Dividends
2014 First Quarter Performance Quarterly Dividends ($ per share)
Slide 11: Financial Performance: Trading Profit EBITDA
Financial Performance Trading Profit EBITDA ($ in millions) 6.6% CAGR CGAAP IFRS
Slide 12: Financial Performance: Capital Structure – Debt-to-Equity
Financial Performance Debt Equity ($ in millions) Capital Structure – Debt-to-Equity Debt:Equity 3.50 3.00 2.50 2.00 1.50 1.00 0.50 0.00
Slide 13: Financial Performance: Capital Investments
Financial Performance Capital Investments CAPEX ($ in millions) & Business Acquisitions $472 million over 10 years CGAAP IFRS
Slide 14: Financial Performance: Return on Net Assets
Financial Performance RONA (%) Return on Net Assets CAPEX ($ in millions) 100% 80% 60% 40% 20% 0 CGAAP IFRS
Slide 15: Financial Performance: Distributions/Dividends per Unit/Share
Financial Performance Distributions/Dividends per Unit/Share (excluding special distributions)
Slide 16: Financial Performance: Total Return Performance
Financial Performance 10-Year CAGR 19.6% NWC/NWF.UN/NWF Total Return Performance 7.7% TSX Composite (% at January 31) 7.5% Food/Staples Retailing Group
Slide 17: President & CEO Remarks
More for Our Customers President & CEO Remarks
Slide 18: Our Purpose
More for Our Customers Our Purpose More than being a retailer, we provide solutions to help the lives of people in hard-to-reach communities.
Slide 19: At the Heart of North West
More for Our Customers At the Heart of North West Community relationships, local presence and how we use it, getting it there, and the way we work are at the heart of North West’s performance and potential.
Slide 20: Planning Insights
More for Our Customers Planning Insights Start with the store network Plan to grow within, not with the market Focus on what moves the profit needle Unconventional works for us
Slide 21: 2014 – 2017 Priorities
More for Our Customers 2014 – 2017 Priorities 1. Concentrate on “Top 40” markets 2. Narrow product and services effort 3. Put customers and stores at the centre of all work
Slide 22: Concentrate on “Top 40” Markets
More for Our Customers Concentrate on “Top 40” Markets Cuts through store complexity Justifies time to create tailored store plans Approach is working in Barbados and Bethel, AK
Slide 23: Concentrate on “Top 40” Markets
More for Our Customers Concentrate on “Top 40” Markets Capital investment of $3 million per store Time investment on execution and store capability
Slide 24: Gross Profit Blend
Gross Profit Blend 2002 2012 Food General Merchandise Services
Slide 25: Cross Lake, MB
More for Our Customers Cross Lake, MB
Slide 26: Perishables
More for Our Customers Perishables 10 yr. CAGR 5.8%
Slide 27: Convenience Foods
More for Our Customers Convenience Foods 10 yr. CAGR 6.6%
Slide 28: Services
More for Our Customers Services 10 yr. CAGR 17.0%
Slide 29: Apparel & Footwear
More for Our Customers Apparel & Footwear 10 yr. CAGR -2.1%
Slide 30: Big Ticket
More for Our Customers Big Ticket 10 yr. CAGR 0.3%
Slide 31: Centre Store
More for Our Customers Centre Store 10 yr. CAGR 4.0%
Slide 32: Back Room & Warehouse
More for Our Customers Back Room & Warehouse
Slide 33: Customer Driven, Store Centric
More for Our Customers Customer Driven Store Centric
Slide 34: The Right Structure & Leadership
More for Our Customers The Right Structure & Leadership Flatter structure Cross-enterprise accountability C-level leadership