Financial Press Releases

By Year
By Month

INVESTOR RELATIONS 2014

November

11
NOV
RONA ANNOUNCES NORMAL COURSE ISSUER BID

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11
NOV
RONA ANNOUNCES ITS 2014 THIRD QUARTER RESULTS

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11
NOV
INVITATION TO THE FINANCIAL COMMUNITY - RELEASE OF RONA’S 2014 THIRD QUARTER FINANCIAL RESULTS

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August

12
AUG
RONA announces its 2014 second quarter results

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July

29
JUL
RONA AND ACE HARDWARE INTERNATIONAL ANNOUNCE AGREEMENT FOR MASTER LICENSE OF ACE BRAND IN CANADA

RONA TO OFFER FULL SUPPORT AND DEVELOPMENT OF ACE BRAND AS WELL AS IMPROVED DISTRIBUTION SERVICES TO CURRENT AND POTENTIAL ACE DEALERS IN CANADA

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May

13
MAY
RONA announces its 2014 first quarter results

Recovery plan helps achieve return to growth in operating income (EBITDA)

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February

18
FEB
RONA announces its fiscal and fourth quarter 2013 results

Achievement within the announced time frame of $110 million annualized cost savings

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INVESTOR RELATIONS 2013

November

12
NOV
RONA announces normal course issuer bid

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12
NOV
RONA announces its 2013 third quarter results

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October

21
OCT
RONA completes sale of its Commercial and Professional Market division to Talisker Plumbing Corporation

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August

14
AUG
RONA Announces its Second Quarter 2013 Results

Benefits of recovery plan start to materialize

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June

27
JUN
RONA announces recovery plan to accelerate network optimization and improve profitability

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20
JUN
RONA announces an agreement to sell its commercial and professional market division to EMCO Corporation

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May

15
MAY
RONA announces the declaration of the quarterly dividend on the Series 6, Class A Preferred Shares

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14
MAY
Highlights of RONA's 2013 Annual Shareholders Meeting

RONA held its 2013 annual meeting of shareholders today.

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14
MAY
RONA announces Its First Quarter 2013 Results

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March

19
MAR
RONA announces appointment of Robert Sawyer as President and Chief Executive Officer

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February

21
FEB
RONA outlines 2013-2015 transformational strategy

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21
FEB
RONA announces its 2012 fourth quarter and year-end results

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14
FEB
Release of RONA’s 2012 fourth quarter and year-end financial results

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January

21
JAN
RONA announces changes to board of directors

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INVESTOR RELATIONS 2012

December

06
DEC
RONA announces its strategic priorities

Refines Business Model to Build on Existing Financial Priorities

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November

15
NOV
RONA calls annual meeting of shareholders

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

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12
NOV
RONA has not received any proposal from Lowe's

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

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07
NOV
RONA announces its third quarter 2012 results

Ongoing implementation of business plan in a challenging market

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October

22
OCT
Release of RONA's 2012 third quarter financial results

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August

08
AUG
RONA increases earnings per share by 29% before unusual items for second quarter 2012

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07
AUG
Release of RONA’s 2012 second quarter financial results

RONA will announce its 2012 second quarter financial results during a conference call for the financial community.

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02
AUG
RONA introduces a microsite to address the unsolicited proposal from Lowe’s

 

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July

31
JUL
RONA issues statement regarding interest expressed by U.S.-based Lowe's Companies, inc.

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.

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09
JUL
Invitation - Release of RONA's 2012 Second Quarter Financial Results

 

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June

20
JUN
Changes at RONA's Commercial and Professional Market division Management Team

RONA announces that Michael Storfer will leave his position as the Corporation’s Vice President, Commercial and Professional Market and President of Noble

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May

09
MAY
RONA reports growth in first quarter 2012 operating results

2012 Business plan unfolding as expected.

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February

23
FEB
RONA Reports Results that Meet its Objectives and Redefines the Customer Experience in its Industry

RONA reported its financial results for the 13-week and 52-week periods ended December 25, 2011 and its 2012 business plan.

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INVESTOR RELATIONS 2011

December

23
DEC
RONA Renews Credit Facility and Increases it from $650 Million to $950 Million for Five Years

Maturing in 2012, the credit facility was renewed until 2016.

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07
DEC
Appointment of Mtre Robert Paré as Vice Chairman of RONA's Board of Directors

Mtre Paré has been an administrator of RONA and member of the Nominating and Corporate Governance Committee since April 22, 2009.

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November

22
NOV
RONA Inc. Announces Extension and Increase to $300 Million of the Maximum Amount of its Previously Announced Modified

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.

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15
NOV
RONA Inc. Announces Range of Acceptable Bid Prices for its Modified Dutch Auction Offer

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).

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11
NOV
RONA Repurchases for $14.5 Millions of its Common Shares

“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.

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09
NOV
RONA 's Quaterly Results in line with Objectives

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08
NOV
Normal Course Issuer Bid

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.

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03
NOV
RONA inc. announces buyback of up to $200 million of its 5.40% debentures due October 20, 2016

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”.

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August

10
AUG
RONA Announces its Second Quarter Results

Cost Reduction and Disciplined Balance Sheet Management in a Difficult Market

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May

11
MAY
RONA Announces the Declaration of the Quarterly Dividend on the Series 6, Class A Preferred Shares

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10
MAY
RONA maintains strategic direction in first quarter

But unfavourable weather conditions and prudent consumer spending hurt sales and profits

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02
MAY
Changes at RONA's Financial Management Team

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March

01
MAR
RONA Announces Closing of Over-allotment Option

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INVESTOR RELATIONS 2010

December

20
DEC
RONA closes acquisition of Ontario HVAC specialist Don Park

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.

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08
DEC
RONA announces new dividend policy

Top priority remains industry consolidation while maintaining a strong balance sheet and maximizing value creation for shareholders

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November

10
NOV
RONA grows market share and improves efficiency in a challenging environment

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).

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04
NOV
RONA closes acquisition of TruServ Canada

RONA announced it has closed the acquisition of TruServ Canada Inc., a dealer-owned distributor headquartered in Winnipeg, Manitoba.

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01
NOV
RONA enters British Columbia's specialized Plumbing Market with acquisition of MPH Supply Limited

Transaction provides strong platform for organic growth and consolidation

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October

27
OCT
TruServ Canada shareholders vote in favor of acquisition by RONA

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

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07
OCT
RONA Commercial and Professional Market division to acquire Ontario HVAC specialist Don Park

Transaction provides strong growth potential

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01
OCT
RONA to acquire TruServ Canada

Transaction would add two distribution centers serving more than 650 dealers across Canada

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August

11
AUG
RONA achieves further growth and makes strategic advances in the second quarter

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June

21
JUN
RONA closes acquisition of Pierceys

RONA announced it has closed today the acquisition of the chain of Pierceys stores, as expected when the transaction was announced on June 16.

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16
JUN
Normal course isssuer bid

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.

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May

12
MAY
RONA announces strong first quarter growth in sales and profits

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February

25
FEB
RONA ends year on high note with increased sales and profits in fourth quarter 2009

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22
FEB
RONA COMMERCIAL AND PROFESSIONAL MARKET DIVISION ENTERS QUEBEC SPECIALIZED PLUMBING MARKET WITH ACQUISITION OF PLOMBERIE PAYETTE & PERREAULT

The company has a 20,000- square-foot distribution centre and two retail outlets operating under Les boutiques Eaudace banner in Quebec.

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January

25
JAN
RONA unveils Phase 2 of its strategic plan - the New World program

The program calls for a renewed focus on growth amidst signs of gradual economic recovery.

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INVESTOR RELATIONS 2009

November

10
NOV
RONA sees first signs of recovery in third quarter 2009

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.

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August

11
AUG
RONA pursues "PEP" program in second quarter and prepares for recovery phrase of 2008-2011 strategic plan

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.

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June

30
JUN
RONA Announces Closing of Over-Allotment Option

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

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02
JUN
RONA closes $150 million equity issue

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.

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May

12
MAY
Despite tough economic conditions, strong execution of PEP program and strict balance sheet management set the pace at RONA in first quarter 2009

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

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12
MAY
RONA announces $150 million equity issue

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.

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February

19
FEB
RONA announces results for fiscal 2008

Strong PEP program performance and rigorous balance sheet management increase cash flow from operations by 27% and reduce net debt by 25%

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INVESTOR RELATIONS 2008

August

12
AUG
RONA announces results for second quarter 2008

Despite difficult economic conditions, RONA posts substantial efficiency gains and a stronger balance sheet

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May

13
MAY
RONA announces results for first quarter 2008

RONA announced a 3.8% increase in sales in the first quarter of 2008

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February

20
FEB
RONA announces 2007 results and introduces new initiatives to revitalize sales and optimize network

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)

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INVESTOR RELATIONS


Release of RONA’s 2013 First Quarter Financial Results

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RONA FAIT LE POINT SUR L’INTÉRÊT MANIFESTÉ PAR LA SOCIÉTÉ AMÉRICAINE LOWE’S COMPANIES, INC.

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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