Richelieu Hardware Ltd. (RHUHF) Q3 2024 Earnings Call Transcript Summary
Richelieu Hardware Ltd. (RHUHF) Q3 2024 Earnings Call Transcript Summary
U.S. sales increased by 4.8% to $148 million, largely driven by manufacturer sales.The following is a summary of the Richelieu Hardware Ltd. (RHUHF) Q3 2024 Earnings Call Transcript:
以下是Richelieu硬件有限公司（RHUHF）2024年第三季度業績會講話摘要：
Financial Performance:
金融業績：
Q3 sales growth was 1.9%, totalling $407 million, bolstered by strong U.S. manufacturer market performance and acquisitions.
Canadian sales declined by 2% due to a decrease in retail sectors, totaling $265 million.
U.S. sales increased by 4.8% to $148 million, largely driven by manufacturer sales.
EBITDA of $53 million, down 13.2% year-over-year, with margins pressured by higher costs and expansion initiatives.
Net earnings were down 23.9% to $22.7 million; earnings per share decreased to $0.41 from $0.53.
Operating cash flow decreased to $50.2 million from $104.8 million in the previous year.
第三季度銷售增長1.9%，總額爲$40700萬，得益於強勁的美國製造商市場表現和收購。
由於零售部門下降，加拿大銷售下降了2%，總額爲$26500萬。
美國銷售增長了4.8%至$14800萬，主要受制造商銷售的推動。
按年減少13.2%的5300萬美元的EBITDA，受到成本上升和擴張計劃的壓力。
淨收入下降了23.9%至$2270萬；每股收益從$0.53下降至$0.41。
經營現金流從上一年的10480萬美元下降至5020萬美元。
Business Progress:
業務進展：
Continued optimization by consolidating centers in New York and West Florida.
$42.4 million invested in acquisitions and expansion, including a new Calgary location.
Pursued a significant acquisition strategy, with four new agreements in North America, aiming for notable future growth.
通過整合紐約和西佛羅里達的中心，持續優化。
投資4240萬美元用於收購和擴張，包括新的卡爾加里位置。
通過四份新的北美協議，追求重大收購策略，旨在實現明顯未來增長。
Opportunities:
機會：
The ongoing housing shortage in North America presents substantial growth opportunities for Richelieu, particularly in the R&R market expected to recover soon.
在北美持續存在的住房短缺爲Richelieu提供了巨大的增長機遇，特別是預計很快會復甦的裝修和翻新市場。
Risks:
風險：
The downturn in the hardware retailer and renovation superstore markets continued, impacting total revenue growth and profit margins.
EBITDA and margin pressures are likely to persist short-term amid market recovery uncertainties and ongoing costs from new business acquisitions and expansion.
硬件零售商和翻新超市市場的低迷持續影響了總營業收入增長和利潤率。
EBITDA和利潤率壓力可能會在短期內持續存在，在市場復甦不確定性和新業務收購以及擴張方面產生的持續成本。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
