Richelieu Hardware Full Year 2022 Earnings: EPS Beats Expectations
Richelieu Hardware (TSE:RCH) Full Year 2022 Results
Key Financial Results
Revenue: CA$1.80b (up 25% from FY 2021).
Net income: CA$168.4m (up 19% from FY 2021).
Profit margin: 9.3% (in line with FY 2021).
EPS: CA$3.01 (up from CA$2.54 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Richelieu Hardware EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.0%.
Looking ahead, revenue is forecast to decline by 1.8% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Canada are expected to remain flat.
Performance of the Canadian Trade Distributors industry.
The company's shares are down 1.3% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Richelieu Hardware has 2 warning signs we think you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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