RONA boosts sales again in Q1

BOUCHERVILLE, Que. ― RONA’s consolidated revenues for the first quarter were $819.2 million, up 5.2% from $778.8 million last year. With the adjustment of franchised store sales in order to compare them to those of the previous fiscal year, sales grew 3.4% to $805.4 million. The increase reflects a 3.1% increase in same-store sales in the RONA retail network, the seventh consecutive quarterly gain, resulting from a strong performance in Ontario and British Columbia and by the Réno-Dépôt banner in Quebec, which more than offset a decline in same-store sales in the Prairie Provinces.