01:41 PM EDT, 07/11/2024 (MT Newswires) -- Richelieu Hardware ( RHUHF ) reported second quarter revenue at $481.4 million, up 2% driven by a -0.7% organic decline offset by a 2.7% lift from acquisitions, in line with consensus of $477 million and National Bank's $481.9 million forecast.

EPS was $0.42, in line with National Bank's $0.42 estimate and just shy of consensus of $0.43.

At first look, Richelieu's results were in-line, with no surprises, says analyst Zachary Evershed.

Richelieu is rated Sector Perform, with a $45.50 target.

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