Richelieu Hardware Reports Strong Q2 Sales and Strategic Acquisitions

Richelieu Hardware ( (TSE:RCH) ) has issued an announcement.

Richelieu Hardware reported a 6.4% increase in sales for the second quarter of 2025, reaching $512.2 million, with significant contributions from both internal growth and acquisitions. The company completed two new acquisitions, adding to a total of six in the first half of the year, which are expected to enhance its North American distribution network and diversify its market segments. Despite challenging market conditions in Canada, Richelieu’s expansion efforts, including a significant expansion of its Detroit distribution center, underscore its commitment to strengthening its market position and supporting growth.

The most recent analyst rating on (TSE:RCH) stock is a Hold with a C$43.00 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 TSE:RCH Stock

According to Spark, TipRanks’ AI Analyst, TSE:RCH is a Neutral.

Richelieu Hardware demonstrates stable financial performance and strategic growth through acquisitions, though it faces challenges in retail sales and external risks. The valuation is moderate, with mixed technical signals. Strong corporate governance and strategic positioning enhance its market resilience.

To see Spark’s full report on TSE:RCH stock, click here.

More about Richelieu Hardware

Richelieu Hardware is a prominent player in the hardware industry, specializing in the distribution of hardware and complementary products. The company focuses on serving manufacturers and retailers across North America, with a strong emphasis on innovation, acquisitions, and customer service to drive growth.

Average Trading Volume: 57,862

Technical Sentiment Signal: Buy

Current Market Cap: C$2.05B

For an in-depth examination of RCH stock, go to TipRanks’ Overview page.