RONA sales up in Q2

BOUCHERVILLE, Que. ― RONA saw same-store sales increase by 5.4% in the second quarter, its fourth consecutive quarter of growth. Consolidated revenues for the second quarter of 2015 totalled $1.26 billion, up 5.9% from $1.19 billion recorded in the second quarter of 2014. This increase mainly reflects 6.7% higher revenues in the retail segment due to the success of merchandising strategies and a repositioned Reno-Depot banner in Quebec. Adjusted net income was up by 19.1% to $50 million compared to $42 million last year.

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