Canada's Richelieu Hardware beats Q3 revenue estimates

Richelieu Hardware

09/10/2025 16:09

Overview

Richelieu Q3 revenue grows 6.7% to C$499.2 mln, beating analyst expectations

Net earnings per share for Q3 rise 4.9% to C$0.43

Company completed two acquisitions post-Q3, adding C$22 mln in annual sales

Outlook

Company expects to finish fiscal 2025 with strong results

Richelieu focuses on exclusive products to strengthen margins

Company says tariffs create uncertainty but business model remains strong

Result Drivers

ACQUISITIONS - Richelieu completed eight acquisitions in 2025, contributing more than C$75 mln in annual sales

INTERNAL GROWTH - 4.1% of Q3 sales growth came from internal growth, supported by price adjustments due to tariffs

PRODUCT STRATEGY - Focus on exclusive products and private brands to strengthen margins and expand offerings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
C$499.20 mln
C$498.20 mln (2 Analysts)
Q3 EPS
C$0.43
Q3 Net Income
C$23.90 mln
Q3 EBITDA
C$57 mln
Q3 EBITDA Margin
11.40%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy."

Wall Street's median 12-month price target for Richelieu Hardware Ltd is C$37.00, about 11.4% above its October 8 closing price of C$32.80

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nCNW7TvJca

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)