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Richelieu Hardware (RCH) investor relations material
Richelieu Hardware Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong Q4 and full-year growth, with sales up 7.3% to CAD 511 million in Q4 and CAD 1.96 billion for the year, and EBITDA up 9.1% in Q4 and 6.2% for the year.
Completed 10 acquisitions in 13 months, adding CAD 100 million in sales and expanding private brand offerings to 10 brands.
Ended the year with a positive cash position, minimal debt, and working capital of CAD 622–624 million.
Expanded North American presence to 119 centers, including 51 in Canada and 65 in the U.S.
Financial highlights
Q4 net earnings attributable to shareholders were CAD 25.6 million, up from CAD 24.4 million year-over-year, with diluted EPS of CAD 0.46, up 4.5%.
Full-year net earnings were CAD 85.8 million, or CAD 1.55 per diluted share, up 1.3%.
Q4 EBITDA was CAD 59.2 million, up 9.1%, with an EBITDA margin of 11.6%.
Yearly EBITDA was CAD 213.9 million, up 6.2%, with a margin of 10.9%.
Cash flow from operations reached CAD 202 million for the year and CAD 68.7 million in Q4, aided by a CAD 30–33.6 million inventory reduction.
Outlook and guidance
Q1 started with flat sales in the retailer market and about 5% growth in the manufacturers market.
U.S. market expected to see slightly higher growth than Canada.
EBITDA margin expected to remain slightly above 11% for 2026, with continued improvement anticipated.
M&A pipeline remains healthy, targeting CAD 100 million in acquisitions for 2026.
Quarterly dividend increased by 2.2% to CAD 0.1566 per share for Q1 2026.
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