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Richelieu Hardware (TSE:RCH)
TSX:RCH
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Earnings Data
Report Date
Apr 03, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.33Last Year’s EPS
0.27Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 24, 2019
|% Change Since: 10.67%
|Next Earnings Date:Oct 04, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were notable achievements in terms of sales growth and successful acquisitions, there were significant challenges, particularly with declining profitability metrics and difficulties in the retailers market. The company remains optimistic about future growth opportunities and strategic positioning.Company Guidance
In Richelieu Hardware's fourth-quarter earnings call for 2024, the company reported a 5% increase in sales, reaching $476 million, driven by both internal growth (4.1%) and acquisitions (3.1%). For the entire year, total sales amounted to $1.8 billion, reflecting a 2.5% increase, with acquisitions contributing 2.2% and internal growth 0.3%. The company executed seven acquisitions in 2024, which are expected to add $100 million in annual sales. Richelieu's sales in Canada rose by 2.9% to $275 million, while U.S. sales increased by 7.9% to CAD 201 million, making up 42% of total sales. Despite these gains, EBITDA for the fourth quarter was down 7.7% to $54.3 million, with a margin of 11.4%, due to lower sales prices and higher costs in certain product categories. Net earnings for the quarter were $24.4 million, translating to $0.44 per share, and for the year, they totaled $86 million, or $1.53 per share. The company continues to focus on expanding its market presence through strategic acquisitions and product diversification, aiming to improve margins and sustain growth in the coming year.Solid Sales Growth
Total sales for 2024 reached $1.8 billion, up 2.5%, driven by 2.2% from acquisitions and 0.3% from internal growth.
Successful Acquisition Strategy
Seven acquisitions completed in 2024 and early 2025 are expected to bring an additional $100 million in annual sales.
Strong U.S. Market Performance
U.S. sales totaled USD 146 million in Q4, up 7.1%, with sales to manufacturers increasing by 10%.
Expansion in Canada
Sales in Canada increased by $7.8 million or 2.9% in Q4, supported by strategic acquisitions.
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TSE:RCH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:RCH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 16, 2025 | C$37.59 | C$39.49 | +5.05% |
| Oct 10, 2024 | C$39.68 | C$38.87 | -2.04% |
| Jul 11, 2024 | C$38.34 | C$39.92 | +4.12% |
| Apr 11, 2024 | C$40.78 | C$40.00 | -1.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Richelieu Hardware (TSE:RCH) report earnings?
Richelieu Hardware (TSE:RCH) is schdueled to report earning on Apr 03, 2025, TBA Not Confirmed.
What is Richelieu Hardware (TSE:RCH) earnings time?
Richelieu Hardware (TSE:RCH) earnings time is at Apr 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:RCH EPS forecast?
TSE:RCH EPS forecast for the fiscal quarter 2025 (Q1) is 0.33.
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