Cost-U-Less Helps Boost North West Co. Results

The North West Co. 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.

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 mid

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