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Last C$13.23 CAD
Change Today -0.37 / -2.72%
Volume 272.4K
As of 4:00 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

rona inc (RON) Snapshot

Open
C$13.49
Previous Close
C$13.60
Day High
C$13.59
Day Low
C$13.22
52 Week High
04/9/15 - C$17.36
52 Week Low
01/21/15 - C$12.36
Market Cap
1.4B
Average Volume 10 Days
318.4K
EPS TTM
C$0.78
Shares Outstanding
108.1M
EX-Date
09/8/15
P/E TM
16.9x
Dividend
C$0.16
Dividend Yield
1.06%
Current Stock Chart for RONA INC (RON)

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rona inc (RON) Details

RONA inc. engages in the distribution and retail of hardware, building materials, and home renovation products in Canada. The company offers bathroom, construction, decoration, electricity and lighting, garage and workshop, hardware, kitchen, outdoor and garden, paint, plumbing, and storage and cleaning products, as well as doors and windows, flooring and ceramic tiles, tools, and gift cards. It also provides installation services. The company offers its products and services through independent dealers. As of March 12, 2015, it operated a network of approximately 500 corporate, franchise, and affiliate stores, as well as 9 distribution centers. The company was formerly known as The Ro-Na Dismat Group Inc and changed its name to RONA inc. in 1998. RONA inc. was founded in 1939 and is headquartered in Boucherville, Canada.

24,000 Employees
Last Reported Date: 08/11/15
Founded in 1939

rona inc (RON) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$850.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$441.1K
Chief Commercial Officer and Executive Vice P...
Total Annual Compensation: C$468.3K
Executive Vice President of Retail
Total Annual Compensation: C$380.4K
Senior Vice President of Human Resources & Co...
Total Annual Compensation: C$269.2K
Compensation as of Fiscal Year 2014.

rona inc (RON) Key Developments

RONA Announces Opening of New Store in Langley, British Columbia

RONA Inc. has announced the opening of a new store in Langley, British Columbia, located at 100 20350 Langley Bypass, in a commercial hub east of Vancouver. With this new corporate store, over 40 new jobs have been created, for a total of 60 employees devoted to guiding customers in their construction and renovation projects, offering exceptional service to retail clients and contractors in the region.

Rona Inc. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2015

Rona Inc. announced consolidated earnings results for the second quarter and six months ended June 28, 2015. The company consolidated revenues for the second quarter of 2015 totaled CAD 1.26 billion, up 5.9% from CAD 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 Réno-Dépôt banner in Quebec. These factors helped grow same- store sales in RONA's retail network by 5.4% in the second quarter of 2015. Adjusted EBITDA rose to CAD 96.9 million, or 7.7% of revenues, compared to CAD 89.1 million, or 7.5% of revenues recorded in the second quarter of 2014. The increase reflects same-store sales growth in the Retail segment and tight management of operating expenses in the stores. Adjusted net income attributable to participating shares for the second quarter of 2015 amounted to CAD 50.0 million, or CAD 0.46 per share basic and diluted compared to CAD 42.0 million or CAD 0.35 per share basic and diluted, in the second quarter of 2014. EBITDA was CAD 97.1 million compared to CAD 88.2 million for the same period a year ago. Net income attributable to participating shares was CAD 49.9 million compared to CAD 42.0 million for the same period a year ago. Basic and diluted earnings per share were CAD 0.46 compared to CAD 0.35 for the same period a year ago. Total capex stood at CAD 21 million during the quarter. The company reported consolidated revenues for the first six months of 2015 totaled CAD 2.04 billion, up 4.3% compared to CAD 1.96 billion in the same period of 2014. This change mainly reflects a 6.4% increase in the Retail segment, including strong 5.2% growth in same-store sales. Adjusted EBITDA increased 10.1% to CAD 109.1 million or 5.3% of revenues, compared to CAD 99.1 million or 5.1% of revenues in 2014. The margin increased 42 basis points in the Retail segment driven by growth in same-store sales, while the Distribution segment's margin decreased 12 basis points. Adjusted net income attributable to participating shares for the first six months of 2015 amounted to CAD 38.8 million, or CAD 0.35 per share basic and diluted compared to CAD 27.6 million or CAD 0.23 per share basic and diluted, in the first six months of 2014. EBITDA was CAD 109.2 million compared to CAD 96.1 million for the same period a year ago. Net income attributable to participating shares was CAD 38.2 million compared to CAD 25.4 million for the same period a year ago. Basic and diluted per share was CAD 0.35 compared to CAD 0.21 for the same period a year ago. Total capex stood at CAD 32.6 million for the first six months of 2015.

Rona Inc. Declares Quarterly Dividend on Common and Preferred Shares, Payable on September 30, 2015 and September 25, 2015 Respectively

At its meeting on August 10, 2015, Rona Inc. Board of Directors declared a quarterly dividend of $0.3281 per share on cumulative 5-year Rate Reset Series 6 Class A preferred shares. The dividend will be paid on September 30, 2015 to shareholders of record on September 15, 2015. The Board declared a quarterly dividend of $0.04 per share on the Corporation's common shares. The dividend will be paid on September 25, 2015 to shareholders of record on September 10, 2015.

 

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RON:CN C$13.23 CAD -0.37

RON Competitors

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Sears Holdings Corp $27.20 USD +0.06
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Industry Analysis

RON

Industry Average

Valuation RON Industry Range
Price/Earnings 18.5x
Price/Sales 0.3x
Price/Book 1.0x
Price/Cash Flow 7.8x
TEV/Sales 0.2x
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