July 23, 2014 3:58 PM ET

Trading Companies and Distributors

Company Overview of Richelieu Hardware Ltd.

Company Overview

Richelieu Hardware Ltd. manufactures, distributes, and imports specialty hardware and complementary products in North America. The company offers builders hardware; building specialties; cabinet doors, drawers, and tambour systems; central vacuum cleaners; chairs and barstools; closet solutions; commercial display hardware; corbels, moldings, and wood components; decorative and cabinet hardware; edgebanding, finishing products, abrasives, and shop supplies; furniture equipment; glass hardware; glues, silicones, caulking, and insulating foam; healthcare solutions hinges, opening systems, and slides; kitchen accessories; legs and casters; lighting; bath accessories and decorative hooks; office...

7900, Henri-Bourassa Boulevard West

Montreal, QC H4S 1V4

Canada

Founded in 1968

1,650 Employees

Phone:

514-336-4144

Fax:

514-832-4002

Key Executives for Richelieu Hardware Ltd.

Chief Executive Officer
Total Annual Compensation: $600.0K
Chief Financial Officer and Vice-President
Total Annual Compensation: $246.0K
General Manager of Western Canada & Western Us
Total Annual Compensation: $183.0K
General Manager of Central & Eastern United States
Total Annual Compensation: $168.1K
Vice-President of Sales and Marketing -- Sales To Manufacturers Division
Total Annual Compensation: $293.0K
Compensation as of Fiscal Year 2013.

Richelieu Hardware Ltd. Key Developments

Richelieu Hardware Ltd. Approves the Payment of Second Quarter Dividend Payable on July 31, 2014; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended May 31, 2014

At its meeting on July 3, 2014, the Board of Directors of Richelieu Hardware Ltd. approved the payment of a second quarter dividend of $0.14 per share. This dividend is payable on July 31, 2014 to shareholders of record as at July 17, 2014. The company reported unaudited consolidated earnings results for the second quarter and six months ended May 31, 2014. For the quarter, the company reported sales of $165,155,000 compared to $156,240,000 a year ago. Earnings before income taxes were $17,490,000 compared to $16,465,000 a year ago. Net earnings were $13,062,000 compared to $12,224,000 a year ago. Net earnings attributable to shareholders of the corporation were $13,036,000 or $0.66 diluted per share compared to $12,140,000 or $0.58 diluted per share a year ago. Cash from operating activities was $14,832,000 against $9,843,000 a year ago. Additions to property, plant and equipment and intangible assets were $1,198,000 compared to $804,000 a year ago. Interest and amortization (EBITDA) grew to $19,200,000, an increase of 5.4% over the corresponding quarter of 2013. For the six months period, the company reported sales of $301,263,000 compared to $282,324,000 a year ago. Earnings before income taxes were $29,520,000 compared to $27,603,000 a year ago. Net earnings were $21,908,000 compared to $20,402,000 a year ago. Net earnings attributable to shareholders of the corporation were $21,895,000 or $1.09 diluted per share compared to $20,298,000 or $0.96 diluted per share a year ago. Additions to property, plant and equipment and intangible assets were $1,897,000 compared to $1,559,000 a year ago. Cash from operating activities was $25,833,000 against $24,905,000 a year ago. First-half earnings before income taxes, interest and amortization (EBITDA) totaled $32,900,000, an increase of $1,800,000 or 5.8% over the first half of 2013.

Richelieu Hardware Ltd., Board Meeting, Jul 03, 2014

Richelieu Hardware Ltd., Board Meeting, Jul 03, 2014., at 14:30 US Eastern Standard Time. Agenda: To approve the payment of a quarterly dividend.

Richelieu Hardware Ltd. to Report Q2, 2014 Results on Jul 03, 2014

Richelieu Hardware Ltd. announced that they will report Q2, 2014 results on Jul 03, 2014

Similar Private Companies By Industry

Company Name Region
BMI Canada Inc. Americas
Ressources Lumber Inc. Americas
Sumitomo Canada Limited Americas
Tri-Bit Services Ltd. Americas
KHEOPS Group Inc. Americas

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 3, 2014
CabinetWare, Inc.
Merger/Acquisition
January 23, 2014
Procraft Industrial Ltd
Buyback
December 5, 2013
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Richelieu Hardware Ltd., please visit www.richelieu.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.