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

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

Leon’s Furniture Stock Performance

LNF stock traded down C$0.70 during trading on Friday, reaching C$23.62. The stock had a trading volume of 34,018 shares, compared to its average volume of 23,308. The firm has a market cap of C$1.63 billion, a PE ratio of 10.50 and a beta of 1.16. The company has a current ratio of 1.53, a quick ratio of 0.53 and a debt-to-equity ratio of 38.77. The stock’s 50 day moving average is C$24.23 and its two-hundred day moving average is C$25.75. Leon’s Furniture has a 52 week low of C$23.24 and a 52 week high of C$30.80.

Insider Transactions at Leon’s Furniture

In other Leon’s Furniture news, insider Darci Marie Walker purchased 1,500 shares of Leon’s Furniture stock in a transaction dated Friday, May 15th. The stock was purchased at an average price of C$24.00 per share, with a total value of C$36,000.00. Following the transaction, the insider directly owned 2,500 shares of the company’s stock, valued at C$60,000. This trade represents a 150.00% increase in their ownership of the stock. Also, insider Lewis Mark Leon acquired 1,500 shares of the stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average price of C$24.40 per share, for a total transaction of C$36,600.00. Following the purchase, the insider directly owned 116,026 shares in the company, valued at approximately C$2,831,034.40. This trade represents a 1.31% increase in their ownership of the stock. Over the last 90 days, insiders have acquired 4,320 shares of company stock valued at $104,915. Corporate insiders own 69.49% of the company’s stock.

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.