Leon's Furniture Limited (T:LNF)
Business Focus: Home Furnishings Retailers (NEC)
| Sector: Consumer Cyclicals | Industry: Home Furnishings Retailers |
| Company Contact | |
| Address: | 45 Gordon MacKay Road TORONTO ON M9N 3X3 |
| Tel: | 1-416-2830178 |
| Website: | https://www.leons.ca |
| IR: | See website |
| Key People | ||
| Mark Joseph Leon Chairman of the Board | Michael J. Walsh President, Chief Executive Officer | Terrence Thomas Leon Vice Chairman of the Board |
| Constantine Pefanis Chief Financial Officer | Graeme Leon President - Leon'€™s Division | Darci Walker President of The Brick | Daniel Christopher Leon Vice President, Merchandising Leon'€™s Division |
| Business Overview |
| Leon's Furniture Limited is a Canada-based retailer of furniture, appliances and electronics. The Company's retail banners include Leon's, The Brick, Brick Outlet and The Brick Mattress Store. The Brick's Midnorthern Appliance banner alongside with the Company's Appliance Canada banner, retailer of appliances to builders, developers, hotels and property management companies. The Company has 304 retail stores from coast to coast in Canada under various banners. The Company's repair service division, Trans Global Services (TGS), provides household furniture, electronics and appliance repair services to its customers. TGS has contracts to support several manufacturer's warranty service work in addition to servicing a number of individual programs offered by other dealers. Its wholly owned subsidiaries include Trans Global Insurance Company and Trans Global Life Insurance Company also offer credit insurance on the customer's outstanding financing balances and third-party customer balances. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Leon's Furniture Ltd revenues decreased 2% to C$2.45B. Net income decreased 23% to C$138.9M. Revenues reflect Comparable Store Sales (Value), Total - decrease of 2% to C$2.4B, Retail Sales, Total decrease of 3% to C$2.33B, Sales of goods by corporate stores decrease of 3% to C$2.33B, Income from franchise operations decrease of 5% to C$33.1M. Net income also reflects Selling. |
| Employees: | 8,468 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $1,719M as of Dec 31, 2023 |
| Annual revenue (TTM): | $2,455M as of Dec 31, 2023 |
| EBITDA (TTM): | $292.52M as of Dec 31, 2023 |
| Net annual income (TTM): | $138.85M as of Dec 31, 2023 |
| Free cash flow (TTM): | $165.21M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $266.78M as of Dec 31, 2023 |
| Shares outstanding: | 68,051,143 as of Mar 28, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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