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Financial Press Releases
INVESTOR RELATIONS 2013
May
MAY
MAY
RONA held its 2013 annual meeting of shareholders today.
Read MoreMAY
March
MAR
February
FEB
FEB
FEB
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January
JAN
INVESTOR RELATIONS 2012
December
DEC
Refines Business Model to Build on Existing Financial Priorities
Read MoreNovember
NOV
RONA's Board of Directors has called its upcoming annual meeting of shareholders to be held on May 14, 2013 at the head office of the Corporation
Read MoreNOV
RONA has not received any proposal of any kind from Lowe’s and there have been no discussions between the two companies on this subject
Read MoreNOV
Ongoing implementation of business plan in a challenging market
Read MoreOctober
OCT
August
AUG
AUG
RONA will announce its 2012 second quarter financial results during a conference call for the financial community.
Read MoreAUG
July
JUL
RONA confirms that its Board of Directors has unanimously determined that an unsolicited, non-binding acquisition proposal recently received from U.S.-based Lowe’s Companies, Inc. (“Lowe’s”) is not in the best interests of RONA and its stakeholders.
Read MoreJUL
June
JUN
RONA announces that Michael Storfer will leave his position as the Corporation’s Vice President, Commercial and Professional Market and President of Noble
Read MoreMay
MAY
2012 Business plan unfolding as expected.
Read MoreFebruary
FEB
RONA reported its financial results for the 13-week and 52-week periods ended December 25, 2011 and its 2012 business plan.
Read MoreINVESTOR RELATIONS 2011
December
DEC
Maturing in 2012, the credit facility was renewed until 2016.
Read MoreDEC
Mtre Paré has been an administrator of RONA and member of the Nominating and Corporate Governance Committee since April 22, 2009.
Read MoreNovember
NOV
The deadline for tendering Debentures in Offer 1 has been extended to 5:00 p.m., Montreal time, November 28, 2011 and the Offer 1 Settlement Date has been extended to December 1, 2011.
Read MoreNOV
As announced on November 3, 2011, Offer 1 is the first of two successive offers to purchase for cash, up to $200,000,000 aggregate principal amount of RONA’s 5.40% Debentures due October 20, 2016 (Unsecured).
Read MoreNOV
“Today’s buyback illustrates our confidence in the future of RONA and in the execution of our business plan”, commented Dominique Boies, Executive Vice President and Chief Financial Officer of RONA.
Read MoreNOV
NOV
With the approval of the Toronto Stock Exchange, the Board of Directors of RONA inc. has authorized the Corporation to purchase in the normal course of its activities, up to 11,016,854 common shares.
Read MoreNOV
RONA inc. announced today that it offers to purchase for cash, by way of two successive offers, each of which is open for a distinct period of time (collectively, the “Offers”), up to $200,000,000 aggregate principal amount of its 5.40% Debentures due October 20, 2016 (Unsecured) (the “Debentures”.
Read MoreAugust
AUG
Cost Reduction and Disciplined Balance Sheet Management in a Difficult Market
Read MoreMay
MAY
MAY
But unfavourable weather conditions and prudent consumer spending hurt sales and profits
Read MoreMAY
March
MAR
INVESTOR RELATIONS 2010
December
DEC
Specialized in the distribution and manufacturing of heating, ventilation and air conditioning products (HVAC), Don Park has a strong growth profile generating more than $90 million in sales and counting more than 400 experienced employees.
Read MoreDEC
Top priority remains industry consolidation while maintaining a strong balance sheet and maximizing value creation for shareholders
Read MoreNovember
NOV
RONA reported its financial results for the 13-week and 39-week periods ended September 26, 2010 (third quarter and first nine months of 2010).
Read MoreNOV
RONA announced it has closed the acquisition of TruServ Canada Inc., a dealer-owned distributor headquartered in Winnipeg, Manitoba.
Read MoreNOV
Transaction provides strong platform for organic growth and consolidation
Read MoreOctober
OCT
RONA and TruServ Canada Inc. announce that 99.7% of TruServ Canada shares were voted in favour of the amalgamation resolution at the Special Shareholders meeting
Read MoreOCT
Transaction provides strong growth potential
Read MoreOCT
Transaction would add two distribution centers serving more than 650 dealers across Canada
Read MoreAugust
AUG
June
JUN
RONA announced it has closed today the acquisition of the chain of Pierceys stores, as expected when the transaction was announced on June 16.
Read MoreJUN
With the approval of the Toronto Stock Exchange, the Board of Directors of RONA inc. has authorized the Company to purchase in the normal course of its activities, from June 21, 2010 to June 20, 2011, up to 3,250,000 common shares, representing 2.5% of its 129,936,351 common shares issued and outstanding on June 7, 2010.
Read MoreMay
MAY
February
FEB
FEB
The company has a 20,000- square-foot distribution centre and two retail outlets operating under Les boutiques Eaudace banner in Quebec.
Read MoreJanuary
JAN
The program calls for a renewed focus on growth amidst signs of gradual economic recovery.
Read MoreINVESTOR RELATIONS 2009
November
NOV
RONA inc. today reported consolidated sales of $1,320.5 million in third quarter 2009, $61.2 million or 4.4% less than the $1,381.7 million posted in 2008, despite higher sales to commercial and professional customers in Ontario and a slight decrease in sales to Canadian consumers.
Read MoreAugust
AUG
RONA has announced consolidated sales of $1,369.9 million in second quarter 2009, down $103.3 million or 7.0% from the $1,473.3 million figure posted in 2008, despite increased sales to commercial and professional customers in Ontario and only a slight drop in sales to Canadian consumers in Western Canada, which greatly affected sales in our specialized building materials stores.
Read MoreJune
JUN
RONA inc. today announces that it has closed the sale of an additional 1,744,500 Common Shares (the "Shares") at a price of $12.90 per Share, following the exercise in full by the underwriters of their over-allotment option in connection with the Company's bought deal public offering of Shares (the "Offering") announced on May 12
Read MoreJUN
RONA inc. today announced that it has closed its previously announced bought deal public offering of Common Shares (the "Shares") at a price of $12.90 per Share purchased by a syndicate of underwriters led by Scotia Capital Inc.
Read MoreMay
MAY
RONA has entered into an agreement with a syndicate of underwriters led by Scotia Capital Inc., under which the underwriters have agreed to purchase, on a bought-deal basis, 11,630,000 Common Shares at a price of $12.90.
Read MoreMAY
RONA announced a 7.2% decline in consolidated sales, which stood at $846.0 million for first quarter 2009, compared to $911.5 million in 2008
Read MoreFebruary
FEB
Strong PEP program performance and rigorous balance sheet management increase cash flow from operations by 27% and reduce net debt by 25%
Read MoreINVESTOR RELATIONS 2008
August
AUG
Despite difficult economic conditions, RONA posts substantial efficiency gains and a stronger balance sheet
Read MoreMay
MAY
RONA announced a 3.8% increase in sales in the first quarter of 2008
Read MoreFebruary
FEB
RONA announced a sales increase of 7.1% in 2007 on a comparable basis (average weekly sales, to adjust for the additional week in 2006)
Read MoreINVESTOR RELATIONS
RONA confirme que son conseil d’administration a conclu, à l’unanimité, que la proposition d’acquisition non contraignante et non sollicitée reçue dernièrement de la société américaine Lowe’s Companies, Inc. (« Lowe’s ») n’était pas dans le meilleur intérêt de RONA et de ses parties intéressées.
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