Leon’s Furniture (TSE:LNF) has released an update.
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Leon’s Furniture Limited (LFL), Canada’s largest home retailer, reported a robust first quarter with an 8.3% increase in system-wide sales and a 9.0% rise in same-store sales. The company’s adjusted net income soared by 27.1%, with adjusted diluted earnings per share up by 26.3%. President and CEO Mike Walsh attributes the success to strategic decisions focused on value, efficient asset management, and a strong omnichannel presence.
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