Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
NNX 0.035 +0.0% ABX 51.85 −0.7% TTS 2.45 −2.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.07 +10.9% TUNG 1.72 +1.8% LGO 1.00 −3.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.40 −0.5% SGZ 0.045 +0.0% S 0.155 +29.2% GRSL 0.310 −3.1% DEX 0.390 +1.3% WMS 0.040 +0.0% NNX 0.035 +0.0% ABX 51.85 −0.7% TTS 2.45 −2.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.07 +10.9% TUNG 1.72 +1.8% LGO 1.00 −3.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.40 −0.5% SGZ 0.045 +0.0% S 0.155 +29.2% GRSL 0.310 −3.1% DEX 0.390 +1.3% WMS 0.040 +0.0%
Earnings

GROWTH AND EXPANSION IN THE 3rd QUARTER - 8 ACQUISITIONS SINCE THE BEGINNING OF 2025, ADDING MORE THAN $75 MILLION IN ANNUAL SALES

By The Northwire Desk — AI Analysis Oct 09, 2025 · 10:55 RCH · 32.80 RICHELIEU HARDWARE LTD.
RCH · Price

Executive Summary

  • Richelieu Hardware reported Q3 2025 sales of $499.2 M (up 6.7%) and EBITDA of $57.0 M, with net earnings attributable to shareholders of $23.9 M ($0.43 per diluted share).
  • The company completed two strategic acquisitions after quarter‑end (Ideal Security and Finmac Lumber), bringing total acquisitions in FY 2025 to eight and adding >$75 M of annual sales.
  • A quarterly dividend of $0.1533 per share was declared, payable 6 Nov 2025; cash flow from operations reached $82.7 M.

Key Details

  • Q3 2025 Financial Highlights
  • Sales: $499.2 M (↑6.7% YoY) – 4.1% internal growth, 2.6% acquisition contribution.
  • EBITDA: $57.0 M; margin 11.4% (↑0.1 ppt).
  • Net earnings attributable to shareholders: $23.9 M ($0.43 per diluted share), ↑4.9% YoY.

  • Operating cash flow: $82.7 M (including $16 M inventory reduction).

  • First Nine Months 2025

  • Sales: $1.45 B, up 7.2% YoY; Canada $789.8 M, U.S. $473.2 M.
  • EBITDA: $154.7 M (margin 10.6%).
  • Net earnings attributable to shareholders: $60.3 M, down 1.8% YoY; EPS $1.08 diluted.

  • Operating cash flow: $133.6 M.

  • Acquisitions

  • Total of eight acquisitions in FY 2025 (six earlier in the year + Ideal Security on 2 Sep 2025 and Finmac Lumber on 1 Oct 2025).
  • Combined annual sales contribution from all FY 2025 acquisitions: >$75 M.
  • Ideal Security – Canadian distributor of door/window hardware, expands retailer & renovation superstore coverage in North America.

  • Finmac Lumber – Winnipeg‑based wood products distributor, strengthens Manitoba presence.

  • Financial Position (as of 31 Aug 2025)

  • Net cash: $12.4 M (vs. $12.3 M at 30 Nov 2024).
  • Total assets: $1.44 B (↑$50 M YoY).

  • Working capital: $632.7 M; ratio 3.2:1 (up from 3.1:1).

  • Share Capital

  • Common shares outstanding: 55,219,988 (up from 55,218,678).

  • Weighted‑average diluted shares – three months: 55,561,110; nine months: 55,570,600.

  • Dividends

  • Quarterly dividend declared: $0.1533 per share, record date 23 Oct 2025, payable 6 Nov 2025.

  • Conference Call

  • Earnings call scheduled for 9 Oct 2025 at 2:30 p.m. ET; recording available until 16 Oct 2025.

Notable Quotes

“We are continuing the disciplined execution of our growth strategy and expect to finish the 2025 fiscal year with strong results,” – Richard Lord, President & CEO.

“Our operations generated $82.7 M in cash flow during the quarter, including a $16 M reduction in inventories, reflecting a positive cash position.” – Richard Lord, President & CEO.

Read the original news release →

More from RICHELIEU HARDWARE LTD.

Apr 09, 2026 · 11:10

Richelieu Hardware Ltd.

Earnings Jan 15, 2026 · 11:04

STRONG FOURTH-QUARTER RESULTS AND SUSTAINED ACQUISITION ACTIVITY

Earnings Oct 09, 2025 · 13:04

SEDAR Interim Financial Statements

None Jul 10, 2025 · 10:32

INCREASE IN SALES OF 6.4% IN THE SECOND QUARTER AND TWO NEW ACQUISITIONS FOR A TOTAL OF SIX IN THE FIRST HALF

Earnings