Richelieu Hardware Ltd (FRA:3R2)
€ 22.2 (0%) Market Cap: 1.23 Bil Enterprise Value: 1.41 Bil PE Ratio: 23.13 PB Ratio: 2.04 GF Score: 84/100

Q2 2026 Richelieu Hardware Ltd Earnings Call Transcript

Jul 9, 2026 / 06:30 PM GMT
Release Date Price: €23.8 (-2.46%)

Key Points

Positve
  • Richelieu Hardware Ltd (RHUHF) reported a 3.9% increase in sales for the second quarter, reaching $532.1 million.
  • The company completed four acquisitions since the beginning of the year, adding approximately $45 million in annual sales.
  • Sales to manufacturers, which account for 89% of total sales, increased by 3.8%, driven by both internal growth and acquisitions.
  • EBITDA reached $56.1 million, with net income attributable to shareholders up 3.2% to $23.2 million.
  • The company maintains a strong balance sheet with a working capital of $629.5 million, supporting further strategic acquisitions.
Negative
  • Sales in Ontario remained flat due to challenging market conditions, impacting overall Canadian sales growth.
  • Sales to hardware retailers and renovation superstores in the US decreased by 12.7%.
  • EBITDA margin slightly decreased to 10.6% from 10.8% last year, partly due to the impact of tariffs.
  • Cash flow from operating activities decreased to $36.6 million for the first half, compared to $51 million last year.
  • The company faces a market environment described as 'in a kind of liturgy,' requiring more aggressive customer acquisition efforts.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RCH.TO - Richelieu Hardware Ltd
Q2 2026 Richelieu Hardware Ltd Earnings Call
Jul 09, 2026 / 06:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon, ladies and gentlemen, and welcome to Richelia Hardware Second Quarter Results Conference Call. At this time, all participant lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session, which will be restricted to analysts only. And if at any time during this call you require needed assistance, please press *0 for the operator. Also note that this call is being recorded on July 9, 2026.

Bonjour madans miss you.

Presentment. Volling.

Salma.

Thank you.

Thank you. Good afternoon, ladies and gentlemen, and welcome to.

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Unidentified_2
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