Leon’s Furniture (TSE:LNF) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Leon’s Furniture Limited (LFL), Canada’s largest home retailer, reported positive financial results for the second quarter of 2024, with a notable 3.6% increase in same-store sales and a significant 11.1% hike in dividends. The company achieved a 4.0% revenue growth, reaching $617.7 million, and maintained strong gross profit margins despite the challenging economic climate.
For further insights into TSE:LNF stock, check out TipRanks’ Stock Analysis page.