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

Leon’s Furniture (TSE:LNF) issued its quarterly earnings results on Thursday. The company reported C$0.51 EPS for the quarter, FiscalAI reports. The company had revenue of C$631.29 million during 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

Shares of Leon’s Furniture stock remained flat at C$24.32 on Thursday. The company had a trading volume of 12,353 shares, compared to its average volume of 23,237. The company has a debt-to-equity ratio of 38.77, a current ratio of 1.53 and a quick ratio of 0.53. Leon’s Furniture has a 12-month low of C$23.24 and a 12-month high of C$30.80. The company has a market capitalization of C$1.67 billion, a price-to-earnings ratio of 10.81 and a beta of 1.16. The company has a fifty day simple moving average of C$24.27 and a 200 day simple moving average of C$25.79.

Insider Activity at Leon’s Furniture

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

About Leon’s Furniture

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.