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Bullboard - Stock Discussion Forum RONA inc. Cumulative Floating Rate Series 7 Class T.RON.PR.B

TSX:RON.PR.B - Post Discussion

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Post by vessob on Nov 19, 2012 9:44am

LOWE's Conference Call

Major points Lowes made during the conf call regarding Canada:

  • Specific comments about Rona were declined, citing appropriateness
  • Lowes likes Canada from a market standpoint
  • Lowes acknowleges it needs scale in Canada
  • Has launched a new e-commerce project
  • Customers will be able order on line soon and/or pick up at their stores
  • Will be opening a few new box stores in Canada
  • Looking at other formats
  • Acqusitions are also on the table
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