Richelieu Hardware Ltd. reported earnings results for the third quarter and nine months ended August 31, 2023. For the third quarter, the company reported sales was CAD 458.99 million compared to CAD 472.88 million a year ago. Net income was CAD 29.82 million compared to CAD 46.36 million a year ago. Basic earnings per share from continuing operations was CAD 0.53 compared to CAD 0.83 a year ago. Diluted earnings per share from continuing operations was CAD 0.53 compared to CAD 0.82 a year ago.
For the nine months, sales was CAD 1,334.11 million compared to CAD 1,345.28 million a year ago. Net income was CAD 82.93 million compared to CAD 123.45 million a year ago. Basic earnings per share from continuing operations was CAD 1.49 compared to CAD 2.21 a year ago. Diluted earnings per share from continuing operations was CAD 1.47 compared to CAD 2.19 a year ago.