- Richelieu Hardware‘s fourth-quarter earnings per share (EPS) reached C$0.44, beating estimates of C$0.41 but below last year’s C$0.51.
- Sales for the quarter increased by 5% year-over-year (y/y) to C$476.2 million, surpassing expectations of C$463 million.
- The manufacturers’ market in Canada and the United States showed robust growth with sales rising by 7.2% to $421.6 million.
- Sales in the retailer and renovation superstores market declined by 9.7%.
- Despite challenges affecting the EBITDA margin, Richelieu Hardware maintained strong operational performance and financial stability.
- Annual sales for the 12 months ending November 30, 2024, amounted to $1.8 billion despite a slowdown in the renovation market.
- Analyst ratings: 0 buys, 2 holds, 0 sells.
A look at Richelieu Hardware Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 3 | |
Dividend | 2 | |
Growth | 3 | |
Resilience | 2 | |
Momentum | 3 | |
OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Richelieu Hardware Ltd., a company specializing in importing and distributing specialty products for the kitchen cabinet and furniture markets in Canada, has an overall positive long-term outlook based on its Smartkarma Smart Scores. With solid scores in Value, Growth, and Momentum, Richelieu Hardware is positioned well for potential growth and value appreciation in the future. The company’s focus on specialty products for niche markets could contribute to its resilience in changing economic conditions.
Despite having lower scores in Dividend and Resilience, Richelieu Hardware‘s strengths in other areas suggest a promising outlook for investors seeking growth opportunities. Additionally, the company’s subsidiary, Cedan Industries Inc., adds to its diversification and expertise in manufacturing veneer sheets and edgebanding products, further enhancing its market position and potential for long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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