Overview

* Richelieu Hardware ( RHUHF ) fiscal Q2 sales rise 6.4% but miss analyst expectations, per LSEG data

* Co completed two acquisitions, adding over C$53 mln in annualized sales

* EBITDA margin at 10.8%, impacted by acquisitions and integration costs

Result Drivers

* U.S. SALES GROWTH - U.S. market drove a significant 11.7% sales increase, aided by price adjustments for new tariffs, per CEO Richard Lord

* ACQUISITIONS - Two new acquisitions contributed to revenue growth but impacted margins due to integration costs

* CANADIAN MARKET STABILITY - Despite challenging conditions in Ontario, Canadian sales remained stable year-over-year

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss C$512.20 C$515.50

Revenue mln mln (2

Analysts

)

Q2 EPS C$0.41

Q2 Net C$22.50

Income mln

Q2 C$55.20

EBITDA mln

Q2 10.8%

EBITDA

Margin

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the construction supplies & fixtures peer group is "buy."

* Wall Street's median 12-month price target for Richelieu Hardware Ltd ( RHUHF ) is C$37.50, about 2.1% above its July 9 closing price of C$36.70

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)