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Leon's Furniture Ltd T.LNF

Alternate Symbol(s):  LEFUF

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.


TSX:LNF - Post by User

Post by retiredcfon Dec 21, 2021 6:36am
243 Views
Post# 34249436

Stockchase Insights

Stockchase Insights
HOLD
Leon's Furniture(LNF-T)
19/12/2021 at 07:00pm
 
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Would not do anything for their tender offer. They have committed to buying back $200M of their shares. The stock is cheap with a good outlook. The company knows its business and is committing $200M to prove the stock is undervalued. 
 
SPECIALTY STORES
 
Stockchase Insights
$23.960
 
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