Leon's Furniture Ltd T.LNF

Alternate Symbol(s): LEFUF

Consumer Cyclical

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

Leon's Furniture Ltd

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Post by retiredcfon Feb 11, 2022 7:09am

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Post# 34419260

Analyst Comment

First stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/bill-harris-past-picks~2379294

Leon’s Furniture (LNF TSX)

Then: $19.80
Now: $25.00
Return: 26%
Total Return: 35%

PAST TOP PICK

Leon's Furniture(LNF-T)

09/02/2022 at 07:00pm

(A Top Pick Dec 15/20, Up 35%) Pandemic pulled a lot of demand forward. There might be a kind of weird recession after all this spending. After staying at home, people are probably anxious to do activities away from home. He's now sitting back to see how this all shakes out.

SPECIALTY STORES

Bill Harris, CFA

$24.890

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