Rona reports quarterly net loss after restructuring costs

Wed Aug 14, 2013 8:49am EDT
 
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Aug 14 (Reuters) - Rona Inc, Canada's largest home-improvement retailer and distributor, reported a second-quarter net loss on Wednesday, weighed down in part by restructuring costs.

Rona reported a net loss of C$1.19 a share, versus net income of 28 Canadian cents a share in the same period last year.

Revenue fell 4.6 percent to C$1.25 billion while same-store sales fell 1 percent.