The earnings call highlighted strong sales growth in the U.S. and successful acquisition strategies, contributing to a robust financial position. However, challenges in Canadian markets, pressure on margins, and reduced net earnings indicate areas of concern. While there is optimism for retailer sales and market stabilization, the balance of positive and negative aspects suggests a cautious outlook.

Company Guidance

During the Richelieu Hardware second quarter results conference call, the company reported a 6.4% increase in total sales, reaching $512.2 million, attributed equally to internal growth and acquisitions. The U.S. market saw an 11.7% sales increase to USD 168 million, with internal growth contributing 4.6%. In Canada, sales remained stable at $276 million, despite a challenging economic climate in Ontario. Acquisitions were a significant focus, with six completed in the first half, adding $53 million in sales. The second quarter EBITDA was $55.2 million, up 2.7%, despite lower margins due to recent acquisitions and expansion costs. Net earnings attributable to shareholders were $22.5 million, down 3.9%, primarily due to higher amortization expenses. The company maintained a robust financial position with $614.2 million in working capital and almost no debt. Additionally, Richelieu adjusted prices in response to U.S. tariffs on Chinese products, affecting 15-20% of sales, with minimal impact on internal growth and gross margins.

U.S. Sales Growth

Sales in the U.S. increased by 11.7% in U.S. dollars, with 6.6% coming from internal growth.

Acquisition Strategy Success

Completed 6 acquisitions in the first half, contributing an additional $53 million in sales.

Strong Financial Position

Maintained a robust financial position with a working capital of $614.2 million and a current ratio of 2.9:1 while holding almost no debt.

Network Expansion

Added over 50,000 square feet to the Detroit facility, enhancing product lines and capturing growth opportunities.

Richelieu Hardware (TSE:RCH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:RCH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 02, 2025	2025 (Q3)	0.41 / -	0.41	―	―	―
Jul 10, 2025	2025 (Q2)	0.42 / 0.41	0.42	-2.38% (-0.01)	―	―
Apr 10, 2025	2025 (Q1)	0.33 / 0.25	0.27	-7.41% (-0.02)	―	―
Jan 16, 2025	2024 (Q4)	0.40 / 0.44	0.51	-13.73% (-0.07)	―	―
Oct 10, 2024	2024 (Q3)	0.43 / 0.41	0.53	-22.64% (-0.12)	―	―
Jul 11, 2024	2024 (Q2)	0.43 / 0.42	0.55	-23.64% (-0.13)	―	―
Apr 11, 2024	2024 (Q1)	0.30 / 0.27	0.4	-32.50% (-0.13)	―	―
Jan 18, 2024	2023 (Q4)	0.53 / 0.51	0.8	-36.25% (-0.29)	―	―
Oct 05, 2023	2023 (Q3)	0.54 / 0.53	0.82	-35.37% (-0.29)	―	―
Jul 06, 2023	2023 (Q2)	0.55 / 0.55	0.83	-33.73% (-0.28)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:RCH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 10, 2025	C$36.54	C$37.07	+1.45%
Apr 10, 2025	C$35.83	C$33.34	-6.95%
Jan 16, 2025	C$37.12	C$38.99	+5.04%
Oct 10, 2024	C$39.18	C$38.38	-2.04%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.