Canada's Leon's Furniture Q4 revenue rises

Leons Furniture

25/02/2026 22:48

Overview

Canada furniture retailer's Q4 revenue rose 0.7% yr/yr, driven by furniture sales

Adjusted net income for Q4 missed analyst expectations

Company declared a special dividend of C$0.50 per common share

Outlook

Leon's Furniture aims to increase market share and profitability

Company plans to drive growth by attracting more customers to online and physical stores

Result Drivers

FURNITURE SALES - Revenue growth in Q4 was primarily driven by a 2.7% increase in furniture sales, supported by a stronger inventory position and improved assortment

GROSS MARGIN IMPROVEMENT - Gross profit margin increased by 23 basis points due to a favorable retail sales mix and improved furniture rates

Company press release: ID:nNFC5bcLV0

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
C$0.74
Q4 EPS
C$0.74
Q4 Adjusted Net Income
Miss
C$51 mln
C$52.56 mln (4 Analysts)
Q4 Gross Profit
C$309.4 mln
Q4 Pretax Profit
C$68.4 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the home furnishings retailers peer group is "buy"

Wall Street's median 12-month price target for Leon's Furniture Ltd is C$35.00, about 23.1% above its February 25 closing price of C$28.44

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)