Richelieu Hardware Ltd (OTCPK:RHUHF)
$ 26.6475 0 (0%) Market Cap: 1.51 Bil Enterprise Value: 1.65 Bil PE Ratio: 22.60 PB Ratio: 2.30 GF Score: 89/100

Q2 2021 Richelieu Hardware Ltd Earnings Call Transcript

Jul 08, 2021 / 06:30PM GMT
Release Date Price: $34.91
Operator

Good afternoon, ladies and gentlemen, and welcome to Richelieu Hardware's Second Quarter Results Conference Call. (Operator Instructions) This call has been recorded on July 8, 2021. (foreign language)

Richard Lord
Richelieu Hardware Ltd. - CEO, President & Executive Director

(foreign language) Thank you. Good afternoon, ladies and gentlemen, and welcome to Richelieu's conference call for the second quarter and 6-month period ended May 31, 2021. With me is Antoine Auclair, CFO.

As usual, know that some of today's issue include forward-looking information, which is provided with the usual disclaimer as reported in our financial filings.

We are really pleased with our second quarter. Our results showed strong growth and our financial position remains sound and solid. For comparison, it should be noted that during the same period last year, our sales were negatively impacted by a general decline in business due to the pandemic, both in the U.S. and in Canada. All our market segments have done very well, whether it be the kitchen cabinet

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