Richelieu Hardware Ltd. (TSX:RCH:CA) reported a strong Q3 2025, with total sales increasing by 6.7%, driven by an 11.4% rise in U.S. sales and 2.9% in Canada, excluding Ontario. The company achieved a slight improvement in EBITDA margin to 11.4% and a 4.9% increase in diluted net earnings per share to $0.43. Richelieu also generated $82.7 million in cash flow from operations, ending the quarter with a $12 million positive cash position, and continued its acquisition strategy with two post-quarter closings.
Richelieu Hardware Ltd. (TSX:RCH:CA) reported a robust Q3 2025, demonstrating solid growth with total sales increasing by 6.7%. This performance was primarily driven by strong U.S. market expansion, which saw an 11.4% rise in sales and now accounts for 45% of total revenue, alongside a 2.9% increase in Canadian sales, excluding Ontario. Growth was broad-based, with the manufacturer market climbing 6.5% and the retailers/renovation superstore segment up 8.6%. The company also improved its profitability, with the EBITDA margin slightly increasing to 11.4%. Diluted net earnings per share rose by 4.9% to $0.43, indicating effective cost management and operational leverage. Furthermore, Richelieu generated substantial cash flow from operations, totaling $82.7 million, which included a $16.2 million reduction in inventories. Richelieu concluded the quarter with a healthy financial position, marked by a positive cash balance of $12 million. The firm actively pursued its growth strategy, successfully closing two additional acquisitions subsequent to the quarter end. This ongoing M&A activity, coupled with strong operational cash generation, positions the company for continued expansion.
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