Richelieu Hardware (TSE:RCH) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Richelieu Hardware reports a 1.9% increase in third-quarter sales, with a significant 7.5% rise in the U.S. manufacturers market, while maintaining a strong financial position with positive EBITDA and net income figures. The company is optimistic about future growth, highlighting potential in sectors like kitchen cabinets and space planning, and is continuing its strategic acquisitions in North America.
For further insights into TSE:RCH stock, check out TipRanks’ Stock Analysis page.