04:51 PM EST - Richelieu Hardware : posted a 11.5 percent increase in fourth-quarter profit on Thursday as increased sales and acquisitions helped lift results for the distributor of specialty hardware. The company, which also produces kitchen cabinets and doors, said earnings rose to $10.2 million, or 44 cents a share, from $9.2 million, or 39 cents a share, in the same period last year. Analysts had expected a profit of 43 cents per share, on average. Richelieu Hardware
shares T.RCH are trading up 75 cents at $21.00.
