Richelieu Hardware (TSE:RCH) Announces Quarterly Earnings Results

Richelieu Hardware (TSE:RCHGet Free Report) posted its quarterly earnings results on Thursday. The company reported C$0.42 EPS for the quarter, FiscalAI reports. The business had revenue of C$532.05 million during the quarter. Richelieu Hardware had a return on equity of 9.04% and a net margin of 4.35%.

Here are the key takeaways from Richelieu Hardware’s conference call:

  • Richelieu delivered solid Q2 growth, with sales up 3.9% to CAD 532.1 million and net income attributable to shareholders up 3.2% to CAD 23.2 million. On a constant-currency basis, sales growth would have been stronger at 5%.
  • Acquisitions remain a major growth driver: the company completed four deals since the start of the year, including Finium, Solutions Acoustiques, and Winnec, adding about CAD 45 million in annual sales and strengthening its decorative, acoustic, and Ontario market positions.
  • Margins were broadly stable but slightly pressured by tariffs. Second-quarter EBITDA margin was 10.6% versus 10.8% a year ago, and management said the modest decline was mainly due to tariff pass-through rather than any structural issue.
  • Regional performance remained mixed, with Canada generally healthy except for Ontario, while Quebec and Western Canada posted strong growth. In the U.S., sales were up, but management said the market remains sluggish and plans to invest more in salespeople to accelerate customer gains.
  • The balance sheet and cash generation remain strong, with CAD 19.4 million of operating cash flow in Q2 and working capital of CAD 629.5 million. Management also expects inventory to decline in the second half and reiterated full-year capex guidance of CAD 18 million to CAD 20 million.

Richelieu Hardware Stock Down 8.9%

RCH stock opened at C$35.36 on Friday. Richelieu Hardware has a 1-year low of C$32.54 and a 1-year high of C$45.03. The business’s 50 day simple moving average is C$39.30 and its 200 day simple moving average is C$40.72. The company has a current ratio of 3.21, a quick ratio of 0.71 and a debt-to-equity ratio of 29.06. The firm has a market capitalization of C$1.94 billion, a PE ratio of 22.67, a PEG ratio of 0.77 and a beta of 0.93.

Richelieu Hardware Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, August 7th will be issued a dividend of $0.1566 per share. The ex-dividend date of this dividend is Thursday, July 23rd. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.8%. Richelieu Hardware’s payout ratio is presently 39.52%.

Richelieu Hardware Company Profile

(Get Free Report)

Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company’s sales are derived from its operations in Canada. Richelieu’s products include furniture, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm primarily serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers, and renovation superstores.

Featured Articles

Earnings History for Richelieu Hardware (TSE:RCH)

Receive News & Ratings for Richelieu Hardware Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Richelieu Hardware and related companies with MarketBeat.com's FREE daily email newsletter.