Investor Presentaiton
THE
NORTHWEST
COMPANY
1. COVID-19 Impact
Other C-19 impacts on our business:
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Canadian price investments - planned for 2020 will be redirected to price
reductions to support community C-19 response and build new customer
relationships. Forecast gross profit dollar increases are expected to offset
rate erosion
Additional store relief hires - will have a monthly expense rate of
approximately $500,000 beginning in April, through duration of C-19
March-announced admin cost base reductions - are on target to
achieve an annualized savings of $17 million by end of Q2
30% of NSA's revenue (1.5% of consolidated NWC) is passenger-
based - which has fallen off by 50% due to restrictions on non-essential
travel. There may be government financial relief available
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Shift to food-at-home and CUL format strength (Costco-type) – should
help offset a sharp decline in tourism activity
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