Richelieu sees growth in Q2

MONTREAL — Richelieu Hardware posted Q2 sales of $263.4 million, up 8.3% compared to $243.3 million a year ago. Net earnings rose 3.3% to $0.31 per share. In Canada, the company recorded sales of $180.2 million, an increase of $16.4 million or 10.1% from the previous second quarter. During the quarter, Richelieu consolidated two distribution centres in Western Canada, for a total of 36 across the country.