Richelieu Hardware (TSE:RCH) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Richelieu Hardware reports a 1.9% increase in third-quarter sales, with a significant 7.5% rise in the U.S. manufacturers market, while maintaining a strong financial position with positive EBITDA and net income figures. The company is optimistic about future growth, highlighting potential in sectors like kitchen cabinets and space planning, and is continuing its strategic acquisitions in North America.
For further insights into TSE:RCH stock, check out TipRanks’ Stock Analysis page.