Richelieu net income attributable to shareholders jumps 22% to $29.2 million in Q3 ended Aug. 31, 2026; sales rise 13% to $562 million
Bitget2026/10/07 21:00Richelieu Hardware posted third-quarter net sales of CAD 562 million, up 13% from a year earlier. Net income attributable to shareholders rose 22% to CAD 29.2 million, while diluted EPS climbed 23% to CAD 0.53. EBITDA increased 15% to CAD 65.5 million, and the EBITDA margin widened 0.3 percentage point to 11.7%. Management said a roughly CAD 3 million U.S. tariff refund was recorded in cost of goods sold. Five acquisitions in FY26 to date add about CAD 145 million in annual sales; Drummondville distribution-center expansion is underway. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Richelieu Hardware Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202610071700CANADANWCANADAPF_C4159) on October 07, 2026, and is solely responsible for the information contained therein.
- Richelieu Hardware posted third-quarter net sales of CAD 562 million, up 13% from a year earlier.
- Net income attributable to shareholders rose 22% to CAD 29.2 million, while diluted EPS climbed 23% to CAD 0.53.
- EBITDA increased 15% to CAD 65.5 million, and the EBITDA margin widened 0.3 percentage point to 11.7%.
- Management said a roughly CAD 3 million U.S. tariff refund was recorded in cost of goods sold.
- Five acquisitions in FY26 to date add about CAD 145 million in annual sales; Drummondville distribution-center expansion is underway.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cold wave and rising fuel costs drive electricity prices in northeastern Japan and Tokyo to a four-year high
Japan's spot electricity prices surged to multi-year highs over the weekend.
Google (GOOGL.US) warns that new Australian cybersecurity regulations may cut off minors' access to Gmail
Google stated that a new cybersecurity bill in Australia could prevent minors from using Gmail.
Canaccord Genuity: Lowers Oklo's target price to $66
Crypto prices
More
