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Posted by
Two Blokes Jul 29 -
Filed in
Stock
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3 views
North West Company offers stable, defensive exposure to remote retail, but growth is slow and headwinds are mounting in the near term. The 'Next 100' initiative is driving early margin improvements, but meaningful upside likely won't materialize until FY 2026. Dividend coverage is strong, debt is manageable, but the 3.4% yield isn't compelling enough given limited buybacks and tepid growth.
