12:01 PM EST - Richelieu Hardware Ltd. : reported that its third-quarter net earnings were $8.9 million or $0.40 per share, compared to net earnings of $9.6 million or $0.42 per share in the prior year quarter. Sales for the quarter were $109.4 million, down from $111.8 million in the year-ago quarter. For the nine-month period, net earnings were $20.5 million or $0.93 per share, compared with net earnings of $25.4 million or $1.11 per share for the first nine months of the previous fiscal year. Sales for the period were $313.7 million, down from $322.7 million in the comparable period of last year. Richelieu Hardware Ltd.
shares T.RCH are trading down $0.03 at $19.45.