Richelieu Hardware reported Q1 sales of $441.7 million, up $34.8 million or 8.6 percent from $406.9 million in the comparable period of 2024. Net earnings of $14.7 million were down 5.2 percent from a year earlier.
“Despite the headwinds expected from the tariffs imposed by the U.S. government, Richelieu is well-positioned to navigate these changes,” CEO Richard Lord said in a statement, “with less than 20 percent of its products imported from China to the U.S.”
