Leon’s Furniture (TSE:LNF) Issues Earnings Results

Leon’s Furniture (TSE:LNF) released its quarterly earnings data on Thursday. The company reported C$0.51 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$631.29 million for the quarter. Leon’s Furniture had a return on equity of 12.69% and a net margin of 6.06%.

Leon’s Furniture Price Performance

TSE LNF opened at C$24.32 on Friday. Leon’s Furniture has a 52 week low of C$23.24 and a 52 week high of C$30.80. The company has a quick ratio of 0.53, a current ratio of 1.53 and a debt-to-equity ratio of 38.77. The business’s fifty day simple moving average is C$24.26 and its 200-day simple moving average is C$25.76. The firm has a market cap of C$1.67 billion, a PE ratio of 10.81 and a beta of 1.16.

Insider Transactions at Leon’s Furniture

In other news, insider Lewis Mark Leon acquired 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average price of C$24.40 per share, with a total value of C$36,600.00. Following the completion of the acquisition, the insider owned 116,026 shares of the company’s stock, valued at C$2,831,034.40. This trade represents a 1.31% increase in their position. Also, insider Darci Marie Walker acquired 1,500 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average price of C$24.00 per share, with a total value of C$36,000.00. Following the completion of the transaction, the insider owned 2,500 shares of the company’s stock, valued at C$60,000. The trade was a 150.00% increase in their position. Insiders purchased 4,320 shares of company stock valued at $104,915 in the last three months. 69.49% of the stock is currently owned by insiders.

Leon’s Furniture Company Profile

Leon’s Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country’s commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.