Richelieu posts Q2 gains

MONTREAL — Richelieu Hardware saw sales rise by 11.9% to $243.3 million in the second quarter, and an increase of 8.1% in the first half for a total of $439.2 million. Net earnings increased 14.1% to $17.6 million in the second quarter, or $0.30 per share. In the first half, they rose 12.6% to $29.6 million, or $0.50 per share. In Canada, Richelieu recorded sales of $163.7 million, an increase of $15.7 million or 10.6% over the previous second quarter.