Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from Richelieu Hardware ( (TSE:RCH) ) is now available.
Richelieu Hardware posted first-quarter 2026 sales of $463.6 million, up 5.0%, driven by 2.0% internal growth and 3.0% from acquisitions, with Canadian revenue rising 3.4% and U.S. sales climbing 11.3% in local currency. EBITDA increased 1.9% to $43.2 million despite a lower margin due to foreign exchange headwinds, while net earnings attributable to shareholders grew 4.0% to $14.4 million and operating cash flows remained solid, underpinning a strong working-capital position and a quarterly dividend.
The company advanced its North American expansion by acquiring three U.S. distribution centers from McKillican American in Oregon and Washington and signing two letters of intent for Canadian acquisitions, marking its 100th deal overall and broadening its customer base in key regions. Management stressed that this acquisition-led growth, combined with product innovation and recent industry awards at the Best of KBIS 2026, positions Richelieu to capitalize on new housing and renovation demand while offsetting sector slowdowns in its weakest seasonal quarter.
The most recent analyst rating on (TSE:RCH) stock is a Buy with a C$47.00 price target. To see the full list of analyst forecasts on Richelieu Hardware stock, see the TSE:RCH Stock Forecast page.
Spark’s Take on RCH Stock
According to Spark, TipRanks’ AI Analyst, RCH is a Outperform.
The score is driven primarily by solid financial footing (strong balance sheet and improving cash generation) and constructive price momentum. This is tempered by pressured profitability versus historical levels and a valuation that screens expensive for the current growth profile, while the latest earnings call was moderately supportive due to improving margin/cash-flow outlook despite retail and tariff risks.
To see Spark’s full report on RCH stock, click here.
More about Richelieu Hardware
Richelieu Hardware is a Montreal-based distributor of specialty hardware and related products serving manufacturers and retailers in the kitchen, bath, furniture, and residential renovation markets. The company operates in Canada and the United States, focusing on innovation, acquisitions, and service quality to strengthen its position in fragmented, specialized markets.
Average Trading Volume: 111,984
Technical Sentiment Signal: Buy
Current Market Cap: C$2.23B
Find detailed analytics on RCH stock on TipRanks’ Stock Analysis page.