Q: Hi guys
Northwest Company keeps hitting new lows. I see current earnings of 2.42 and a PE of 12.6. Do you know what the earning are expected to be for 2024? I am assuming one reason the stock has dropped so much was because sales would have been negatively affected in their stores in the North West Territories in towns like Yellowknife and Hay river. I guess we will see how significant that is when earning are released on September 13th.
At these levels how compelling a buy do you consider NWC? I am thinking of adding to my position but it still would be less than a 3% weight.
Thanks for everything you folks do.
Stuart
Northwest Company keeps hitting new lows. I see current earnings of 2.42 and a PE of 12.6. Do you know what the earning are expected to be for 2024? I am assuming one reason the stock has dropped so much was because sales would have been negatively affected in their stores in the North West Territories in towns like Yellowknife and Hay river. I guess we will see how significant that is when earning are released on September 13th.
At these levels how compelling a buy do you consider NWC? I am thinking of adding to my position but it still would be less than a 3% weight.
Thanks for everything you folks do.
Stuart