Leon's Furniture Limited Announces Election of Directors
Toronto, Ontario--(Newsfile Corp. - May 14, 2025) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that all of the nominee directors listed in the Management Information Circular dated February 25, 2025, were elected as directors of Leon's Furniture Limited. The vote was conducted at the Company's Annual Meeting of Common Shareholders, which took place on May 8, 2025, in Toronto. The results of the vote are set out at the bottom of this press release.
2025-05-14 5:30 PM EDT
LFL, le plus important détaillant d'accessoires ménagers d'ameublement au Canada, publie ses résultats du trimestre clos le 31 mars 2025 - des produits records pour le 1er trimestre et une forte croissance du BPA
Toronto, Ontario--(Newsfile Corp. - 9 mai 2025) - Meubles Léon Limitée (TSX : LNF) (« LFL » ou la « Société ») a annoncé aujourd'hui ses résultats financiers pour le trimestre clos le 31 mars 2025.Faits saillants financiers - premier trimestre de 2025Ces comparaisons sont établies par rapport au premier trimestre de 2024, sauf indication contraire.Le chiffre d'affaires à l'échelle du réseau de magasins pour le trimestre s'est établi à 696,1 millions de dollars, soit une hausse de 2,7 %.Des...
2025-05-09 1:53 PM EDT
LFL, Canada's Largest Home Retailer, Releases Results for the Quarter Ended March 31, 2025; Record Q1 Revenue and Strong EPS Growth
Toronto, Ontario--(Newsfile Corp. - May 8, 2025) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced financial results for the quarter ended March 31, 2025.Financial Highlights - Q1-2025These comparisons are with Q1-2024 unless stated otherwise.System-wide sales for the quarter were $696.1 million, an increase of 2.7%.Record Q1 Revenue was recorded at $579.5 million, an increase of 3.1%, driven by strong performance in the furniture category and commercial appliance business.Same store sales increase (1) of 3.0% following a...
2025-05-08 12:11 PM EDT
LFL Announces Date for 2025 First Quarter Financial Results Release
Toronto, Ontario--(Newsfile Corp. - April 10, 2025) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that it plans to release its financial results for the first quarter ended March 31, 2025, after 12:00 p.m. ET on Thursday, May 8, 2025.About Leon's Furniture LimitedLeon's Furniture Limited is the largest retailer of furniture, appliances and electronics in Canada. Our retail banners include: Leon's; The Brick; Brick Outlet; and The Brick Mattress Store. Finally, with The Brick's Midnorthern Appliance...
2025-04-10 7:30 AM EDT
LFL Announces TSX Approval of Repurchase Programme for Common Shares
Toronto, Ontario--(Newsfile Corp. - March 19, 2025) - Leon's Furniture Limited (TSX: LNF) ("Leon's" or the "Company"), today announced that it has received approval for a common share repurchase program on The Toronto Stock Exchange ("TSX"). The Company intends to repurchase for cancellation a maximum of 3,403,405 Common Shares representing 4.99% of the total number of its 68,204,514 issued and outstanding Common Shares as at March 12, 2025. The average daily trading volume for the six months ending February 28, 2025,...
2025-03-19 7:30 AM EDT
LFL to Participate in 28th Annual CIBC Retail and Consumer Conference
Toronto, Ontario--(Newsfile Corp. - March 13, 2025) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced its participation in the upcoming 28th Annual CIBC Retail and Consumer Conference on Wednesday, March 26, 2025.The Company is scheduled to participate in a fireside chat at 3pm ET on March 26, 2025. Management will also participate in one-on-one meetings throughout the conference.Investors and interested parties can access the live webcast of the presentation by visiting the Events and Presentations section...
2025-03-13 7:30 AM EDT
LFL, le plus important détaillant d'accessoires ménagers d'ameublement au Canada, publie ses résultats pour le trimestre clos le 31 décembre 2024. Le BPA normalisé pour l'exercice complet a augmenté de 5,4 %
Toronto, Ontario--(Newsfile Corp. - 28 février 2025) - Meubles Léon Limitée (TSX : LNF) (« LFL » ou la « Société »)a annoncé aujourd'hui ses résultats financiers pour le trimestre clos le 31 décembre 2024.Faits saillants financiers - Quatrième trimestre 2024Ces comparaisons sont établies par rapport au quatrième trimestre 2023, sauf indication contraire.Le chiffre d'affaires du réseau de magasins s'est établi à 806,2 millions de dollars, soit une baisse de 3,2 %. Depuis le début de l'exercice, le chiffre...
2025-02-28 10:04 AM EST
LFL, Canada's Largest Home Retailer, Releases Results for the Quarter Ended December 31, 2024; Full year normalized EPS up 5.4%
Toronto, Ontario--(Newsfile Corp. - February 25, 2025) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced financial results for the quarter ended December 31, 2024.Financial Highlights - Q4-2024These comparisons are with Q4-2023 unless stated otherwise.System-wide sales were $806.2 million, a decrease of 3.2%. Year-to-date system-wide sales increased 1.3%.Revenue was $666.7 million, a decrease of 2.9%, mainly due to reduced furniture inventory caused by industry-wide overseas shipping delays.Same store sales decrease(1) of 3.2%.Gross profit margin was 45.85%, a 91-basis...
2025-02-25 1:40 PM EST
LFL Announces Date for Fourth Quarter and Year-Ended December 31, 2024 Financial Results Release
Toronto, Ontario--(Newsfile Corp. - January 28, 2025) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that it plans to release its financial results for the fourth quarter and year-ended December 31, 2024, after 12:00 p.m. ET on Tuesday, February 25, 2025.About Leon's Furniture LimitedLeon's Furniture Limited is the largest retailer of furniture, appliances and electronics in Canada. Our retail banners include: Leon's; The Brick; Brick Outlet; and The Brick Mattress Store. Finally, with The Brick's Midnorthern...
2025-01-28 7:30 AM EST
LFL Announces the Opening of the New Corporate Headquarters for The Brick, plus a New Shared Services Distribution Centre in Edmonton, Alberta
Edmonton, Alberta--(Newsfile Corp. - January 21, 2025) - Leon's Furniture Limited (TSX: LNF) ("LFL"" or the "Company"), is pleased to announce the opening of the brand-new Corporate Headquarters for The Brick along with a leading-edge Shared Services Distribution Centre that has a combined total footprint of 500,000 square feet. This represents one of the more significant single property investments in the company's 100-year history and sets a solid foundation for continued growth and improved service levels for the next generation....
2025-01-21 9:30 AM EST
Leon's and The Brick Acknowledge Competition Bureau Inquiry
Toronto, Ontario--(Newsfile Corp. - November 20, 2024) - Leon's and The Brick, two of Canada's leading retailers of furniture, appliances, mattresses and electronics, have been notified by the Competition Bureau of an inquiry into their advertising practices. The Competition Bureau was granted a Federal court order to advance its investigation. The order requires Leon's and The Brick to produce records and information relevant to the Bureau's investigation. This is standard procedure for all inquiries of this nature. "Leon's has been...
2024-11-20 1:00 PM EST
Léon et Brick reconnaissent l'enquête du Bureau de la concurrence Canada
Toronto, Ontario--(Newsfile Corp. - 20 novembre 2024) - Léon et Brick, deux des principaux détaillants de meubles, électroménagers, matelas et électronique au Canada, ont été avisés par le Bureau de la concurrence d'une enquête sur leurs pratiques publicitaires. Le Bureau de la concurrence a obtenu une ordonnance du tribunal fédéral pour faire avancer son enquête. L'ordonnance exige de Léon et Brick qu'elles produisent des dossiers et des informations utiles à l'enquête du Bureau. Il s'agit d'une procédure normale...
2024-11-20 1:00 PM EST
LFL, le plus important détaillant d'accessoires ménagers d'ameublement au Canada, publie ses résultats du trimestre clos le 30 septembre 2024
Toronto, Ontario--(Newsfile Corp. - 11 novembre 2024) - Meubles Léon Limitée (TSX: LNF) (« LFL » ou la « Société ») a annoncé aujourd'hui ses résultats financiers pour le trimestre clos le 30 septembre 2024.Faits saillants financiers - troisième trimestre de 2024Ces comparaisons sont établies par rapport au troisième trimestre de 2023, sauf indication contraire.Le chiffre d'affaires à l'échelle du réseau de magasins pour le troisième trimestre de 2024 s'est établi à 779,9 millions de dollars, soit une baisse de...
2024-11-11 4:42 PM EST
LFL, Canada's Largest Home Retailer, Releases Results for the Quarter Ended September 30, 2024
Toronto, Ontario--(Newsfile Corp. - November 7, 2024) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced financial results for the quarter ended September 30, 2024.Financial Highlights - Q3-2024These comparisons are with the 2023 third quarter unless stated otherwise.System-wide sales for the third quarter 2024 were $779.9 million, a decrease of 1.5%. Year-to-date system-wide sales are up 3.1%.Revenue for the third quarter 2024 was $651.9 million, a decrease of 1.4%.Same store sales decrease(1) of 1.4%.Gross profit margin in...
2024-11-07 12:45 PM EST
LFL Announces Date for 2024 Third Quarter Financial Results Release
Toronto, Ontario--(Newsfile Corp. - October 4, 2024) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that it plans to release its financial results for the third quarter ended September 30, 2024, after 12:00 p.m. ET on Thursday, November 7, 2024.About Leon's Furniture LimitedLeon's Furniture Limited is the largest retailer of furniture, appliances and electronics in Canada. Our retail banners include: Leon's; The Brick; Brick Outlet; and The Brick Mattress Store. Finally, with The Brick's Midnorthern Appliance...
2024-10-04 5:30 PM EDT
LFL, le plus important détaillant d'accessoires ménagers d'ameublement au Canada, publie ses résultats pour le trimestre clos le 30 juin 2024. Le chiffre d'affaires des magasins comparables a augmenté de 3,6 % et le dividende de 11,1 %
Toronto, Ontario--(Newsfile Corp. - 9 août 2024) - Meubles Léon Limitée (TSX: LNF) (« LFL » ou la « Société ») a annoncé aujourd'hui ses résultats financiers pour le trimestre clos le 30 juin 2024.Faits saillants financiers — deuxième trimestre de 2024Ces comparaisons sont établies par rapport au deuxième trimestre de 2023, sauf indication contraire.Le chiffre d'affaires à l'échelle du réseau de magasins pour le deuxième trimestre de 2024 s'est établi à 742,1 millions de dollars, soit une hausse de 3,4 %.Les...
2024-08-09 1:04 PM EDT
LFL, Canada's Largest Home Retailer, Releases Results for the Quarter Ended June 30, 2024; Same Store Sales Increase of 3.6%; Dividend Increase of 11.1%
Toronto, Ontario--(Newsfile Corp. - August 8, 2024) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced financial results for the quarter ended June 30, 2024.Financial Highlights - Q2-2024These comparisons are with the 2023 second quarter unless stated otherwise.System-wide sales for the second quarter 2024 were $742.1 million, an increase of 3.4%.Revenue for the second quarter 2024 was $617.7 million, an increase of 4.0%.Same store sales increase(1) of 3.6%.Successfully maintained gross profit margin levels at 43.9% in a...
2024-08-08 1:13 PM EDT
LFL Announces Date for 2024 Second Quarter Financial Results Release
Toronto, Ontario--(Newsfile Corp. - July 25, 2024) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that it plans to release its financial results for the second quarter ended June 30, 2024, after 12:00 p.m. ET on Thursday, August 8, 2024.About Leon's Furniture LimitedLeon's Furniture Limited is the largest retailer of furniture, appliances and electronics in Canada. Our retail banners include: Leon's; The Brick; Brick Outlet; and The Brick Mattress Store. Finally, with The Brick's Midnorthern Appliance...
2024-07-25 7:30 AM EDT
Leon's Furniture Limited Announces Director Change
Toronto, Ontario--(Newsfile Corp. - June 17, 2024) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that effective immediately, Mark Joseph Leon has retired from his role as Director of LFL. Mark has been a fixture at Leon's for decades, having served in many roles, including President from 1989 to 2002, Chief Executive Officer from 1993 to 2005, Vice Chairman from 2002 to 2005, Chairman from 2005 to 2023, and most recently as Chairman Emeritus since the beginning of...
2024-06-17 5:30 PM EDT
Leon's Furniture Limited Announces Appointment of Victor Diab as Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - June 11, 2024) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that Mr. Victor Diab has been appointed Chief Financial Officer of the Company. Mr. Diab assumed the role of Interim CFO upon the departure of Constantine (Costa) Pefanis on April 26, 2024."Victor has demonstrated exceptional financial and strategic leadership during his interim tenure, as well as in his prior role with the Company and I am thrilled to announce his permanent appointment," said...
2024-06-11 10:07 AM EDT