Richelieu Hardware Ltd. reported earnings results for the second quarter and six months ended May 31, 2024. For the second quarter, the company reported sales was CAD 481.43 million compared to CAD 472.08 million a year ago. Net income was CAD 23.43 million compared to CAD 30.72 million a year ago. Basic earnings per share from continuing operations was CAD 0.42 compared to CAD 0.55 a year ago. Diluted earnings per share from continuing operations was CAD 0.42 compared to CAD 0.55 a year ago.
For the six months, sales was CAD 888.29 million compared to CAD 875.11 million a year ago. Net income was CAD 38.66 million compared to CAD 53.1 million a year ago. Basic earnings per share from continuing operations was CAD 0.69 compared to CAD 0.95 a year ago. Diluted earnings per share from continuing operations was CAD 0.69 compared to CAD 0.95 a year ago.