Rona Inc. (RON.TO, RON-PA.TO) reported that its first-quarter adjusted net loss applicable to participating shares widened to C$22.7 million or C$0.19 per share from C$13.5 million or C$0.11 per share in the same quarter last year, primarily due to the decrease in adjusted gross margin. Analysts polled by Thomson Reuters expected the company to report a loss of C$0.11 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues of C$929.4 million, down C$4.6 million or 0.5% compared to the first quarter of 2012. Revenues were up C$18.2 million in the distribution segment and down C$22.8 million in the retail and commercial segment.
RONA's same-store sales down 0.8% in the first quarter of 2013, compared to the first quarter of 2012.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.