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Leon's Furniture Ltd (LNF.TO)

LNF.TO on Toronto Stock Exchange

17.16CAD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Leon's Furniture reports Q4 shr of $0.46
Thursday, 23 Feb 2017 02:50pm EST 

Leon's Furniture Ltd : Leon's furniture releases financial results for the fourth quarter ended december 31, 2016 . Q4 adjusted earnings per share C$0.43 . Q4 sales rose 5.1 percent to c$704.7 million . Q4 same store sales rose 1.1 percent . Total system wide sales grew 5.1% to $704.7 million in Q4 2016 . Revenue grew 5.0% to $588.4 million in Q4-2016 . Directors have declared an increase of quarterly dividend to 12 cents per common share .Q4 earnings per share $0.46.  Full Article

Leon's Furniture says Q2 same store sales rose 4.1 pct
Friday, 12 Aug 2016 12:52pm EDT 

Leon's Furniture Ltd : Leon's Furniture releases financial results for the second quarter ended June 30, 2016 . Q2 same store sales rose 4.1 percent . Q2 adjusted earnings per share C$0.20 . For three months ended june 30, 2016, revenue was $516.2 million compared to $492.9 million .Qtrly same store sales grew 4.1 pct in q2-2016.  Full Article

Leon's Furniture reports qtrly adj earnings per share of C$0.07
Thursday, 12 May 2016 12:22pm EDT 

: Leon's Furniture releases financial results for the first quarter ended march 31, 2016 . Q1 same store sales rose 7.7 percent . Q1 adjusted earnings per share c$0.07 . "Even though economy remains soft, we expect to see consistent profits in 2016" . Q1 revenue C$463.4 million versus C$429.7 million .Q1 earnings per share view C$0.06, revenue view C$427.6 million -- Thomson Reuters I/B/E/S.  Full Article

Leon's Furniture Acquires Eight Prime Retail Locations
Tuesday, 23 Feb 2016 09:25am EST 

Leon's Furniture Limited (":Says that it had assumed eight leases from Sears Canada Inc., including four in British Columbia.In addition, as part of this transaction, Leon's is acquiring three locations in the Greater Toronto Area , to augment the Leon's banner's success in the province of Ontario.Eight locations feature an average of 43,000 square feet of selling space and Leon's estimates that each will require capital expenditures of approximately $300,000 to $500,000.The Company will assume seven of the leases on June 1, 2016 and the remaining lease on July 1, 2016. Leon's expects to have the stores open by late September, 2016.Leon's has entered into an agreement to acquire 75,000 square feet of warehouse space from another party in British Columbia to support the short-term needs of the new Leon's stores in that province.By August, 2017, the Company expects to complete the construction of a state-of-the-art 434,000 square foot distribution centre to support both Leon's and The Brick stores in British Columbia.  Full Article

Leon's Furniture Ltd declares quarterly dividend
Friday, 14 Aug 2015 11:32pm EDT 

Leon's Furniture Ltd:Declares a quarterly dividend of 10¢ per common share payable on the 9th day of Oct. to shareholders of record at the close of business on the 9th day of Sep.  Full Article

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BRIEF-Leon's Furniture reports Q4 shr of $0.46

* Leon's furniture releases financial results for the fourth quarter ended december 31, 2016