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Canada's Richelieu Hardware beats Q3 revenue estimates

Written By: TDG Syndication
Last Updated: October 9, 2025 20:41:03 IST

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/Mis Actual Consensu s s Estimate Q3 Beat C$499.20 C$498.20 Revenue mln mln (2 Analysts ) Q3 EPS C$0.43 Q3 Net C$23.90 Income mln Q3 C$57 mln EBITDA Q3 11.40% EBITDA Margin 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: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (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.)

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