Richelieu posts Q4, year-end gains

Richelieu Hardware reported Q4 sales of $457.5 million, up 14.9 percent from $398.2 million a year earlier. In Canada, sales amounted to $273.5 million, a 5.2 percent increase from the comparable period of 2021. Earnings of $44.9 million ($0.80 per share) were up 0.8 percent. For the fiscal year 2022, sales rose 25.2 percent to $1.8 billion, while earnings grew 18.8 percent to $168.4 million ($2.99 per share).