Richelieu Hardware Ltd. reported earnings results for the first quarter ended February 28, 2022. For the first quarter, the company reported sales was CAD 384.47 million compared to CAD 297.58 million a year ago. Net income was CAD 30.1 million compared to CAD 20.98 million a year ago.

Basic earnings per share from continuing operations was CAD 0.54 compared to CAD 0.38 a year ago. Diluted earnings per share from continuing operations was CAD 0.53 compared to CAD 0.37 a year ago.